Deutsche Bank no longer wants to do business with US presidents

The still incumbent US President Donald Trump is in the chalk with more than 300 million dollars at Deutsche Bank. New ones are unlikely to be added: The bank plans to stop doing business with Trump.

According to a media report, Deutsche Bank is distancing itself from the outgoing US President Donald Trump. The largest German financial institution does not want to do business with Trump and his companies in the future, the “New York Times” reported on Tuesday, citing a person familiar with the matter.

Deutsche Bank is Trump’s largest lender with outstanding debt of $ 340 million. The institute had given him loans long after other banks had withdrawn. A spokesman for Deutsche Bank declined to comment. Trump’s family business, the Trump Organization, and the Washington White House were initially inaccessible.

US boss distances herself from Trump

The US boss of Deutsche Bank, Christiana Riley, condemned last week in a post on LinkedIn Assault on the Capitol, killing several people. Shortly before, in a speech to thousands of demonstrators, Trump had once again warned in sharp words about alleged election fraud.

“We are proud of our constitution and stand by those who try to uphold it to ensure that the will of the people is preserved and that a peaceful transfer of power takes place,” Riley wrote on the LinkedIn platform.

The Reuters news agency reported last year that Deutsche Bank was looking for ways to end its business relationship with Trump after the presidential election in November. The Trump Organization owns several hotels and golf clubs.


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