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Also see: Finance; wealth; banking; money laundering; mafia;
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Undated: Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany.
The bank is operational in 58 countries with a large presence in Europe, the Americas and Asia.[6] As of April 2018, Deutsche Bank is the 15th largest bank in the world by total assets.[7] As the largest German banking institution in the world, it is a component of the DAX stock market index.
The company is a universal bank resting on three pillars – the Private & Commercial Bank, the Corporate & Investment Bank (CIB) and Asset Management (DWS). Its investment banking operations often command substantial deal flow and maintain different "sell side" and "buy side" departments.
Relationship with Donald Trump
Deutsche Bank is widely recognized as being the largest creditor to real-estate-mogul-turned-politician Donald Trump, 45th President of the United States, holding more than US$360 million in outstanding loans to the candidate in the months prior to his 2016 election. As of December 2017 Deutsche Bank’s role in, and possible relevance to, Trump and Russian parties cooperating to elect him was reportedly under investigation by Robert Mueller of the FBI.[98] As of March 2019, Deutsche Bank's relationship with Trump was reportedly also under investigation by two U.S. congressional committees and by the New York attorney general.[99][100]
In April 2019 House Democrats subpoenaed the Bank for Trump's personal and financial records.[101][102][103][104][105] On 29 April 2019, President Donald Trump, his children Donald Jr. Trump, Eric Trump and Ivanka Trump; and his business sued Deutsche Bank and Capital One bank to block them from turning over financial records to congressional committees that have issued subpoenas for the information.[106]
https://en.wikipedia.org/wiki/Deutsche_Bank
-- 2017 --
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August 30: When Donald Trump sued Deutsche Bank in late 2008, it was “classic Trump”, according to the German bank, which sued him back.
The New York property developer was trying to wriggle out of $40m of personal guarantees he had supplied on a $640m loan to build Trump International Hotel & Tower in downtown Chicago. The Lehman Brothers crisis was an unimaginable event that should get him off the hook, he argued. The future US president sought damages of $3bn — because the Deutsche-led consortium of lenders had just played a part in wrecking the world economy.
https://www.ft.com/content/8c6d9dca-882c-11e7-bf50-e1c239b45787
December 19: Maxine Waters Connects the Dots on Trump, Deutsche Bank, and Russia
Special counsel Mueller’s bank subpoenas could shed light on Trump associates’ ties to Russian money laundering.
https://www.thenation.com/article/maxine-waters-connects-the-dots-on-trump-deutsche-bank-and-russia/
-- 2018 --
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May 16: Trump still owes lenders including Deutsche Bank as much as $480 million
Special counsel Robert Mueller has subpoenaed records regarding Trump’s Deutsche Bank loans
https://www.marketwatch.com/story/trump-still-owes-lenders-including-deutsche-bank-as-much-as-480-million-2018-05-16
June 29: Trump, Russia, and Deutsche Bank: What We Know So Far
As the Trump Organization limped through the 1990s and 2000s, Deutsche Bank was one of the only financial institutions willing to lend to him.
Other big banks have long refused to lend to him, reportedly coining the term “the Donald risk” to refer to his repeated bankruptcies and failures to repay loans. However, Deutsche Bank, whose real-estate division continued to lend him hundreds of millions of dollars to finance his projects, seemed to have a greater risk appetite.
https://themoscowproject.org/dispatch/trump-russia-deutsche-bank/
December 19: Deutsche Bank targeted by Dems over Trump ties
https://thehill.com/policy/finance/421987-deutsche-bank-targeted-by-dems-over-trump-ties
-- 2019 --
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February 20: Deutsche Bank feared Trump Organization would default on $340M loans while Trump was in office
Execs at German banking giant, concerned about default, considered extending repayment past Trump's term in office
https://www.salon.com/2019/02/20/deutsche-bank-feared-trump-organization-would-default-on-340m-loans-while-trump-was-in-office/
February 25:
Why did Deutsche Bank lend money to Trump businesses when others refused?
March 12: New York AG subpoenas Deutsche Bank over Trump business dealings
https://www.cbsnews.com/news/new-york-ag-subpoenas-deutsche-bank-over-trump-business-dealings/
March 19: In the midst of the New York attorney general’s and two different Congressional committees’ simultaneous investigations into President Donald Trump’s relationship with Deutsche Bank AG, the New York Times reported Monday that Trump received more than $2 billion in loans over the course of two decades.
The Times interviewed 20 Deutsche board members and executives who said that the bank lent to Trump despite of multiple “red flags” waved by other financial institutions as well its own internal investigations between the late 1990s and 2016.
According to the Times, Trump also tried to woo Deutsche bankers with private helicopter rides and promises of free weekend trips to play golf at his Florida resort Mar-a-Lago
http://fortune.com/2019/03/19/deutsche-bank-donald-trump-loans/
March 26: Deutsche Bank Providing Donald Trump Financial Records as Investigations Continue After Mueller Report
https://www.newsweek.com/deutsche-bank-providing-donald-trump-financial-records-investigations-1376251
April 1: Possible Trump Deutsche Bank Fraud Raises Serious Questions
https://www.forbes.com/sites/mayrarodriguezvalladares/2019/04/01/possible-trump-deutsche-bank-fraud-raises-serious-questions/#629cdde81149
April 16: Congress Subpoenas Deutsche Bank As Part Of Democrats' Probe Of Trump Finances
https://www.npr.org/2019/04/16/713861150/congress-subpoenas-deutsche-bank-as-part-of-democrats-probe-of-trump-finances
April 16: Eric Trump Thinks It’d Be Very Uncool of Deutsche Bank to Narc on His Dad
Two House committees have subpoenaed the lender for all the information it has on the president and the bank appears poised to turn it over.
https://www.vanityfair.com/news/2019/04/deutsche-bank-subpoena-trump
April 29: Trump sues Deutsche Bank and Capital One over Democrat subpoenas
The lawsuit against Deutsche Bank and Capital One was filed after Democrat-led committees issued subpoenas for information on his finances.
His three eldest children and the Trump Organisation joined the lawsuit, which argues there are no legitimate grounds for investigating his business affairs.
Leading Democrats said they would not be deterred by the blocking attempt.
A Deutsche Bank spokeswoman told the New York Times: "We remain committed to providing appropriate information to all authorized investigations"
https://www.bbc.com/news/world-us-canada-48102647
April 30: Can Capital One and Deutsche Bank please Trump, Congress and shareholders?
The perception of being overly accommodating to Trump or Congress could alienate a wide swath of customers.
https://www.nbcnews.com/business/business-news/can-capital-one-deutsche-bank-please-trump-congress-shareholders-n1000201
April 30: For Trump, Stalling Deutsche Bank Subpoena May Be Victory Enough
President Donald Trump doesn’t have a slam-dunk legal case for keeping his banking records away from congressional investigators, legal experts say.
Still, his latest lawsuit could help him politically: It could stall the production of potentially damaging documents, perhaps even until after the 2020 reelection bid. It could also force lawmakers to narrow the broad scope of their record request.
Either could qualify as a political victory for the president.
https://news.bloomberglaw.com/banking-law/for-trump-stalling-deutsche-bank-subpoena-may-be-victory-enough?utm_source=rss&utm_medium=BNNW&utm_campaign=0000016a-6fd9-dcde-a1fe-efdb0e590000
-- 2020 --
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