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History of Deutsche Bank in Mexico

1870


Deutsche Bank was founded in Berlin to promote and facilitate trade relations between Germany and international markets.


1888

Deutsche Bank participated in the underwriting of a loan for the city of Mexico.


1902

Deutsche Bank participated in the underwriting of a loan for the city of Mexico.


1906

The branch of Banco Alemán Transatlántico in Mexico was converted into Banco Mexicano de Comercio é Industria. Deutsche Ueberseeische Bank and Deutsche Bank remained shareholders in the new bank until their stocks were confiscated by the US government during the First World War.


1908

Deutsche Bank participated in the underwriting of Mexican irrigation bonds, which were listed at the Berlin stock exchange.


1910

Deutsche Bank participated in the underwriting of the 4% external Mexican conversion loan.


1955

Opening of a common representative office of Deutsche Bank und Deutsche Ueberseeische Bank (Representación del Deutsche Bank y del Deutsche Ueberseeische Bank) in Mexico.


1968

Deutsche Bank participated in the underwriting of a loan for the United Mexican States on the German capital market.


1976

Deutsche Ueberseeische Bank was incorporated into Deutsche Bank. The representative office in Mexico started to operate exclusively under the name of Deutsche Bank.


1977

Deutsche Ueberseeische Bank was incorporated into Deutsche Bank. The representative office in Mexico started to operate exclusively under the name of Deutsche Bank.


1982

Deutsche Bank became a member of the Bank Advisory Committee to Mexico. It functioned as coordinator to put into effect the reorganisation and readjustment of Mexico’s public debts to foreign bank entities.


1985

Deutsche Bank’s representative office in Mexico was damaged by a strong earthquake and had to be reopened in a new building.


1995

Deutsche Bank obtained the license for a broker dealer and established Deutsche Securities, S.A. de C.V. Casa de Bolsa.


1998

Deutsche Bank brokerage retrenched from the local Mexican market.


1999

Bankers Trust, the American investment bank acquired in the same year by Deutsche Bank, shut down its brokerage house in Mexico.


2000

A banking license, transacting both commercial and investment banking business, was granted by the Mexican Finance Ministry to the newly established Deutsche Bank México S.A., which opened its office in Mexico City.


2007

Deutsche Bank reactivated its license to trade on the Mexican Stock Exchange, Bolsa Mexicana de Valores.



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Last Update: March 30, 2010
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