Tired of Trump, Deutsche wants out, bank sources say
#DmtDaily
New York/Frankfurt — Deutsche Bank is looking for ways to end its relationship with President Donald Trump after the US elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter. Deutsche Bank has about $340m in loans outstanding to the Trump Organisation, the president’s umbrella group that is overseen by his two sons, according to filings made by Trump to the US office of government ethics in July and a senior source within the bank. The three loans, which are against Trump properties and start coming due in two years, are current on payments and personally guaranteed by the president, according to...
News
via https://DMT.NEWS
, DMT.NEWS
New York/Frankfurt — Deutsche Bank is looking for ways to end its relationship with President Donald Trump after the US elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter. Deutsche Bank has about $340m in loans outstanding to the Trump Organisation, the president’s umbrella group that is overseen by his two sons, according to filings made by Trump to the US office of government ethics in July and a senior source within the bank. The three loans, which are against Trump properties and start coming due in two years, are current on payments and personally guaranteed by the president, according to...
News
via https://DMT.NEWS
, DMT.NEWS
