Banco Transatlántico

[4]: 24  It soon established a representative office in London, and on 5 August 1887, a first branch in Argentina branded the Banco Alemán Transatlántico (BAT) in Buenos Aires.

[5] In 1889, Deutsche Bank in partnership with Arthur Gwinner [de] sponsored the creation of the Banco Hispano-Alemán as its affiliate in Spain, initially focused on financing a public lighting contract that AEG had won in Madrid.

[7]: 9 By 1914, the BAT had branches in Argentina (Bahía Blanca, Córdoba, San Miguel de Tucumán, Bell Ville, and 3 branches in Buenos Aires); Chile (Valparaíso, Santiago, Concepción, Valdivia, Osorno, Temuco, Antofagasta, Iquique); Bolivia (La Paz, Oruro); Peru (Lima, Callao, Arequipa, Trujillo); Brazil (Rio de Janeiro); Uruguay (Montevideo); and Spain (Barcelona, Madrid and Seville).

DUB was able to keep its South American business and its branches there intact through the turmoil of World War I, temporarily using improvised information systems.

[8] Subsequently, the Spanish operations were reorganized in 1950 as Banco Comercial Transatlántico, widely referred to as Bancotrans, with head office in Barcelona.

As early as 1954, the DUB had established joint offices of the Deutsche Bank Group in Buenos Aires, Mexico City, São Paulo, Rio de Janeiro, Caracas, and Santiago in Chile.

[4]: 148, 151  In Spain, Deutsche Bank opened branches of its own in Madrid and Barcelona in 1979,[6] while gradually increasing its shareholding of Banco Comercial Transatlántico.