Jp Morgan makes moves to expand private banking operations in Middle East
JP Morgan is making moves to expand its private banking operations in the Middle East, focusing additional investment on Saudi Arabia, Qatar and Abu Dhabi, according to a report published by The National.
JPMorgan hired the most number of bankers in China for its global corporate bank business last year and it is confident that expansion will not slow in 2011 as the bank taps on the higher outbound investments by Chinese companies, a senior executive said yesterday.