As a large number of wealthy individuals are moving to the Gulf, JPMorgan (JPM) sets up a private banking team in Dubai, the Gulf’s financial hub, to provide wealth management services. The news was first reported by Reuters.The Wall Street giant has picked Sebastian Botana de Beauvau and Carol Mushriqui, who are joining from its Geneva and London offices, respectively, to lead the Dubai team.The team will serve individuals, family offices, charities and family foundations throughout the area.Karim Rekik, t ...