JPMorgan has expanded in Dubai as part of a broader strategy to increase business with midcap companies in the Middle East, reported Reuters, citing an executive. The move challenges competitors such as Citigroup and builds on JPMorgan’s recent efforts to expand its coverage of midcap firms in Austria and Poland. London-based co-head of corporate banking for Europe, the Middle East and Africa Stefan Povaly said, "There's a global focus on doing more in the midcap space." He added that midcaps provide JP ...