Boutique investment bank Moelis is set to move from its office in the City to Marylebone in the West End of London as it continues to build out its business in Europe.

Moelis, the expansionary boutique headed by former UBS dealmaker Ken Moelis, has signed a lease to move into a new office on Baker Street by 2025, according to people familiar with the matter, which is larger than its current space.