Deutsche Bank won't do any more business with Trump

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Deutsche Bank will no longer do business with President Donald Trump, a move that will cut off his business from a major source of loans that once helped fund his golf courses and hotels.

Germany's biggest bank has decided to refrain from future business with the president and his company, a person familiar with the bank's thinking told CNN Business. The news, first reported by the New York Times, follows last week's deadly riot at the US Capitol.

On Monday, Signature Bank said it had started closing Trump's personal accounts and called for the president to resign. The US bank also said it"will not do business in the future with any members of Congress who voted to disregard the Electoral College." Trump also listed up to $250,000 in a money market account at Bank United and up to $50,000 at a First Republic checking account.

Trump has several outstanding loans with Deutsche Bank, according to the president's financial disclosure documents. The president has borrowed tens of millions of dollars for Trump National Doral, his golf resort in south Florida. Deutsche Bank has also provided loans for the Trump International Hotel and Tower in Chicago and the Trump International Hotel in Washington, which opened in 2016.

Christiana Riley, Deutsche Bank's top executive in the Americas, condemned the violence at the Capitol in a post last week on LinkedIn.

 

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Shouldn’t they do the same with the Chinese communist party members!!! Hypocrites Chinese communist enabler‘s

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