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JP Morgan sets up private banking base in DIFC

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Gulf News
“JP Morgan sets up private banking base in DIFC”

Dubai: J.P. Morgan Private Bank has opened a branch in the Dubai International Financial Centre (DIFC), the firm announced on November 2. Regulated by the Dubai Financial Services Authority (DFSA), the new presence will provide J.P. Morgan Private Bank with a dedicated platform in DIFC from which to serve clients across the UAE and the wider region. The bank has staffed up for the move. Over the past 12 months, it more than tripled its Dubai-based private banking team in readiness for the…

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