Deutsche Bank Expands Emerging-Market Credit Team

Deutsche Bank is growing its team that works with loans and bonds from countries that are still developing, like those in Latin America.

They've hired two new people who used to work at other banks.

This is part of a bigger plan to add about 25 people to this team.

The bank had stopped working much in this area a few years ago, but now it's growing again because there's a lot of interest from investors.

Some of the new hires were even taken from a competing bank, which caused some problems there.

The bank is also being investigated for some old deals, but that's separate from this new team.