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Deutsche Bank rules out future business with Trump, company

Discussion in 'Current News & Events (Articles Required)' started by GreekOrthodox, Jan 12, 2021.

  1. GreekOrthodox

    GreekOrthodox Psalti Chrysostom

    +2,388
    United States
    Eastern Orthodox
    Married
    This will really prove to be interesting for the Trump business empire this year. From what I understand Deutsche Bank was instrumental as one of the few banks that was willing to work with him.

    https://thehill.com/policy/finance/533778-deutsche-bank-rules-out-future-business-with-trump-company

    Deutsche Bank to Pull Back From Business With Trump and His Company

    The German lender has decided not to conduct any further business with Trump and his company, said two people with knowledge of the matter, asking not to be identified because the deliberations were confidential. Trump owes the Frankfurt-based lender more than $300 million.

    Signature Bank, the New York lender that’s long catered to his family, is closing two personal accounts in which Trump held about $5.3 million, a spokesperson for the firm said on Monday. It’s also calling for the president to step aside before his term officially ends on Jan. 20.
     
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  2. Arc F1

    Arc F1 Let the righteous man arise from slumber Supporter

    +2,131
    United States
    Christian
    Married
    Won't be long before they come for the rest of us. China 2.0
     
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