Trump owes Deutsche Bank $340 million as company cuts ties with president

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 52%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The bank has loaned more than $2 billion to the president and his company since 1998.

including Comcast, Shopify and Hallmark, have also distanced themselves from Trump.

But the bank stood by him and loaned him more money to pay off existing debt. The total lending by Deutsche Bank to Trump and his companies since the 1990s is more than $2.5 billion, although the president has paid most of this back. There are currently three Deutsche Bank loans against Trump properties, which are due in 2023 and 2024.They are interest-only loans against Trump's golf course in Miami, and hotels in Washington and Chicago on which so far the Trump Organization.

However, Deutsche Bank officials have been concerned about the constant negative coverage of its links to Trump and how it had been dragged into congressional and other investigations into Trump's finances.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why now because they can longer benefit from his position

And do they think that they will ever be able to collect it?

Time to pay the piper.

trump is good at bankruptcy

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines