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Investment bank merger creates heavyweight for insurance M&A market

Fox-Pitt, Kelton and Cochran Caronia Waller have agreed to merge and create a leading global specialist investment bank focused on the financial services industry. Following completion of the transaction, the combined firm will be known as Fox-Pitt, Kelton Cochran Caronia Waller.

This is the first significant transaction for FPK since its management led buyout with J.C. Flowers & Co. “This merger will create one of the strongest financial services specialists in investment

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