Deutsche Bank AG headquarters, as reflected in the windows of an office building in Frankfurt, Germany, on January 24, 2022. Photographer: Alex Kraus/Bloomberg
For European banks, home is no longer such a bad place to be.
Lenders such as Spain's BBVA, which sought to escape Europe's negative interest rates by expanding in emerging markets, are looking at domestic deals again. France's BNP Paribas SA is planning to reinvest proceeds from the sale of a U.S. unit in Europe as it builds out its franchise and expands its equities business.
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