Florida-based Professional Bank said Tuesday it would no longer provide banking services to President Donald Trump or the Trump Organization.
The bank loaned Trump $11.2 million in 2018 so he could purchase a $18 million home next to his Mar-A-Lago club for his sister, Maryanne Barry Trump. Professional Bank "will be winding down the relationship effective immediately," a spokesperson told Bloomberg. Professional Bank joins the likes of Deutsche Bank and Signature Bank, two of Trump's favored banks, in cutting ties with the president following the riots at the US Capitol.Florida-based lender Professional Bank said Tuesday it would no longer do business with President Donald Trump and the Trump Organization.
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Cutting ties, what does that even mean? If you can't give details, don't publish it.
Former president homeless is not a good look. He should be hosted at a state penitentiary.
Also why would you take out an $11.2MM mortgage at 4.5% when you have $25MM sitting in a CD earning 4%? Pay cash for the damn house!
What does it mean to “cut ties”? Does it mean the bank sells the mortgage, like banks do with every mortgage?
So now he doesnt have to pay back the loan Art of the Deal, ladies and gentlenem