Following the trail of money, J.P. Morgan has complemented its existing presence in Dubai with a new office in Abu Dhabi, home to the United Arab Emirates' UAE central government and purse strings.
The US bank opened the office in a ceremony this week attended by Heidi Miller, chief executive of J.P. Morgan treasury and securities services, and Khalil Mohammed Sharif Foulathi, chairman of the UAE's central bank, among others.
Opening an office in Abu Dhabi is an important milestone for us in this region and demonstrates the strategic importance of Abu Dhabi to our business, said Asif Raza, Middle East and North Africa head of J.P. Morgan treasury and securities services. The office...
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