Robey Warshaw, the investment banking boutique that advises on some of the biggest UK deals, edged up pay for its top dealmakers to £28m as it secured a role on some key M&A transactions.

The boutique, which has carved out a reputation for advising FTSE 100 firms on landmark deals, paid its four key partners £28m in the year to March 2023, according to newly-filed accounts on Companies House. This is up from £26.5m for the prior year.