WEALTH SQUAD

JPMorgan expands in Dubai to tap influx of millionaires

UBS, Deutsche Bank, Julian Baer and HSBC are also increasing their footprint in the city that has long been a magnet for the affluent

Dubai’s economy grew quickly in February. (Photo: Getty Images)

A plane lands in Dubai at sunset. (Photo: Getty Images)

JPMorgan will expand its presence in Dubai with a new private banking team, joining a growing list of global financial giants bulking up in the UAE. 

The firm is bringing bankers Sebastian Botana de Beauvau and Carol Mushriqui...