JP Morgan Private Bank has opened a branch in Dubai’s financial centre, expanding its presence in the United Arab Emirates (UAE) and the wider Middle East.

JP Morgan Private Bank has opened a branch in the Dubai International Financial Centre (DIFC), following authorisation from the Dubai Financial Services Authority (DFSA). The new branch will serve clients in the UAE and the wider region. Over the past year, JP Morgan Private Bank has more than tripled the size of its Dubai-based team  The opening builds on JP Morgan’s more than 50-year relationship with the UAE. The bank has used DIFC as its regional base for corporate and investm