Trump Sought a Loan During the 2016 Campaign. Deutsche Bank Said No. - News Summed Up

Trump Sought a Loan During the 2016 Campaign. Deutsche Bank Said No.


The next year, the Trump Organization would go back to Deutsche Bank for more. The relationship between Mr. Trump and Deutsche Bank had survived some rocky moments. After that lawsuit, Deutsche Bank’s investment-banking arm severed ties with Mr. Trump. But by 2010, he was back doing business with Deutsche Bank through its private-banking unit, which catered to some of the world’s wealthiest people. Senior executives in New York balked, arguing that Mr. Trump’s candidacy made such a loan unacceptably risky, the three people said.


Source: New York Times February 02, 2019 15:45 UTC



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