First Gulf Bank Plans More Hiring in Investment Bank Transition - Bloomberg

First Gulf Bank Plans More Hiring in Investment Bank Transition - Bloomberg:

"First Gulf Bank PJSC (FGB), the Abu Dhabi-based lender which this week recruited former Standard Chartered banker Steve Perry, is planning further high-level hires as it focuses on winning more investment-banking business.
Perry is “one of a number of senior appointments” the ruling-family controlled lender expects to make in the next six months in areas such as debt capital markets, wholesale banking head Simon Penney said today in e-mailed comments.
“We are moving into being something that looks and feels a little bit more like an investment bank,” Penney said. “We’re focusing a lot more on originating from our client base, which we haven’t done as much as we should have in the past.”"

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