Deutsche Appoints New LatAm DCM Head

Carlos Mendoza will head up Deutsche Bank’s LatAm DCM desk, LatinFinance has learned. The director in the DCM group joined Deutsche in 1998 but left in late 2005 to join Merrill Lynch. He returned to the German shop roughly 18 months ago and has been doing general coverage since then, including Mexican capital markets. Deutsche is apparently not looking to scale back its regional DCM platform in line with a sharp contraction in volume. It is expected to leverage its established liability management franchise at a time when borrowers are in significant need of such a service.