UPDATE 1-Banamex high price poses barrier for Itaú deal -Deutsche
December 19, 2014 at 15:34 PM EST
SAO PAULO, Dec 19 (Reuters) - The value of Grupo Financiero Banamex SA, Mexico's second-largest bank, may not reflect its lower profitability, posing a barrier to a potential offer by Brazilian rival Itaú Unibanco Holding SA, Deutsche Bank Securities said in a report.