Deutsche Bank builds back in Brazil and plans new Mexico office

German lender renews focus on LatAm after 2015 withdrawal.

Deutsche Bank plans to invest in Latin America in 2022 as it seeks to maintain the positive momentum of its global emerging markets business.

The German bank has seen its ratings and share price rise during 2021, giving it renewed confidence and spurring plans to reinvest in Latin America after it virtually walked away in 2015.

At the end of that year, Deutsche announced it was to leave Argentina, Chile, Mexico, Peru and Uruguay as part of a reorganization to cut peripheral businesses and exposures.

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