President Trump Remains a Major Headache for Deutsche Bank

As the British newspaper The Guardian reports on July 19, 2017, Deutsche Bank will most certainly experience increasing headaches in regards to their high-profile client President Trump and some of his family members.

The article states that Deutsche Bank expects subpoenas and other requests for information over the Trump-Russia investigation led by Robert Mueller, the special counsel who is investigating possible collusion between the Kremlin and the Trump campaign.

A person close to the matter who spoke to the Guardian on the condition of anonymity said Mueller’s team and the bank had already established informal contact in connection to the federal investigation.

Deutsche’s relationship with President Trump and questions about hundreds of millions in loans have dogged the German bank and the White House for months. They have also been the subject of intense scrutiny among some Democrats on Capitol Hill, who have demanded the bank turn over detailed information about the president’s accounts.

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More articles about Deutsche Bank and its client President Donald Trump:

https://www.theguardian.com/us-news/2017/may/24/deutsche-bank-trump-accounts-audit-democrats-russia

https://www.theguardian.com/business/2017/feb/16/how-donald-trump-became-deutsche-bank-biggest-headache