Tuesday 3 November 2020

Deutsche Bank wants to cut ties with Donald Trump: report

Deutsche Bank AG reportedly wants to end its relationship with President Donald Trump after the U.S. presidential election in an attempt to quash negative publicity from its association with the developer-in-chief. Deutsche Bank has about $340 million outstanding on three loans to the Trump Organization, Reuters reported, citing senior bank officials. In total, Deutsche Bank has loaned Trump over $2 billion. The loans are backing Trump’s golf course in Miami, as well as hotels in



source https://therealdeal.com/2020/11/03/deutsche-bank-wants-to-cut-ties-with-donald-trump-report/

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