Trump's main banker at Deutsche Bank announces her resignation - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

South Africa News News

Trump's main banker at Deutsche Bank announces her resignation

President Donald Trump's main banker at Deutsche Bank is leaving the company, according to theRosemary Vrablic, a managing director at the bank, will step down on Dec. 31 after working with Trump for years.

Deutsche Bank stuck with Trump through several turbulent periods in his business career, loaning him billions of dollars over decades. As legal scrutiny mounted over Trump's business dealings mounted throughout his first term in office, Deutsche Bank has reportedly looked toPresident Donald Trump will need a new go-to contact at Deutsche Bank upon leaving office, with his longtime banker at the firm announcing her resignation on Tuesday, according to the New York Times.

"I've chosen to resign my position with the bank effective Dec. 31 and am looking forward to my retirement," Rosemary Vrablic, a managing director at the bank, said in a statement to the Times.Trump's relationship with Deutsche Bank and its billions of dollars in loans to his business over the years have drawn heavy scrutiny since he took office.back in August into a 2013 deal between Vrablic and Jared Kushner, Trump's son-in-law and senior adviser.

Deutsche Bank has been the most consequential financial institution for Trump in the latter part of his business career, with the bank continuing to loan him money when many others refused.

 

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

Ha ha ha, she must have given the traitor some sweetheart deals

ran out of washing machines for all that 'laundry'?

Massive Dem Voter Fraud in 6 Swing states to Rig the Election for Corrupt Joe Biden! Biggest Scandal in American History! Corrupt Supreme Court Justice John Roberts, Overturn this Sham or Resign! Watch Seth Holehouse video 'The Plot to Steal America'

Take her passport.

Bankers tired of Trumps BS

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:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Professional Bank cuts ties with Trump after US Capitol siege - Business InsiderThe bank that loaned Trump money to buy a $18 million home next to Mar-A-Lago is the latest lender to cut ties with the president following the US Capitol siege So now he doesnt have to pay back the loan Art of the Deal, ladies and gentlenem What does it mean to “cut ties”? Does it mean the bank sells the mortgage, like banks do with every mortgage? 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!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump dropped by biggest lender Deutsche Bank for future business - NYTDeutsche Bank will not do business in the future with U.S. President Donald Trump or his companies in the wake of his supporters' assault on the U.S. Capitol, the New York Times reported. Deutsche Bank is Trump's biggest lender, with about $340 million in loans outstanding to the Trump Organization, the president's umbrella group that is currently overseen by his two sons, according to Trump's disclosures with the U.S. Office of Government Ethics dated July 31 last year, plus banking sources. The move, reported by the NYT and citing a person familiar with the bank's thinking, comes as Signature Bank - where Trump's ethics disclosures show he has checking and money-market accounts - called for him to step down. Well, not publicly anyway.
Source: YahooNews - 🏆 380. / 59 Read more »

Trump dropped by biggest lender Deutsche Bank for future business: NYTDeutsche Bank will not do business in the future with U.S. President Donald Trump or his companies in the wake of his supporters' assault on the U.S. Capitol, the New York Times reported. wait that's why they are having no further business deals with him?---not because his businesses fail and he never pays anyone back? He can have his own bank Good. But all these are no replacement for actual legal charges against the fiend.
Source: Reuters - 🏆 2. / 97 Read more »

Trump owes Deutsche Bank $340 million as company cuts ties with presidentThe bank has loaned more than $2 billion to the president and his company since 1998. trump is good at bankruptcy Time to pay the piper.
Source: Newsweek - 🏆 468. / 52 Read more »