Hola Latin America
Banks fly south to build scale in emerging markets
July 14, 2008
Deutsche Bank's chief executive, Josef Ackermann, flew to Peru last week and met with the nation's president, Alan Garcia, and its finance minister before unveiling the German banking giant's new office in the South American nation. It was the latest example of how major participants on Wall Street are building a presence in Latin America, drawn by the region's rapid economic growth that has been spurred, in part, by commodity markets.
The full article is available to IDD Magazine subscribers only
Already a print subscriber? As a print subscriber, you are entitled to online access. Please click here to activate your account.

![Publishing Systems Powered by iProduction [nelson] SourceMedia](/media/ui/logo_sourcemedia.gif)