Deutsche Bank Donald Trump
Trump relied on deutsche bank to lend to him when other banks wouldn t.
Deutsche bank donald trump. Deutsche bank loaned trump s company 125 million as part of the overall 150 million purchase of the ailing doral golf resort in miami in 2012. Deutsche bank eager to expand in the united states made a decision to repeatedly take a. It seems as if donald trump is underwater. The balance of this 170 million debt is payable in.
In 2014 trump took out a separate floating loan from deutsche s private bank to bankroll the development of his luxury hotel in washington dc. It s another deutsche bank bombshell about president trump. Thus the company has asked deutsche bank for delayed loan payments. President donald trump is broke again and can t pay his debts.
Deutsche bank loaned trump more than 2 billion over the course of two decades at a time when other banks appeared unwilling to do so according to an earlier times report in february. For nearly two decades donald j. Deutsche bank launched an internal investigation into the longtime personal banker for president trump and his son in law jared kushner a bank spokesman confirmed to the hill on sunday. Deutsche bank s loans to donald trump were underwritten by russian state owned vtb bank according to the whistleblower whose collection of thousands of bank documents and internal communications have captured the recent attention of federal investigators.