Business Germany

Trump’s banker at Deutsche Bank resigned amid a property deal probe

Rosemary Vrablic, the longtime banker for Donald Trump, left Deutsche Bank AG in December after an internal investigation found she engaged in “undisclosed activities” related to a real estate deal. Vrablic was “permitted to resign” as a result of the probe, according to a disclosure by the bank on the Financial Industry Regulatory Authority’s BrokerCheck service. The […]

Business

Professional Bank joins lenders refusing to do business with the Trump Organization

Professional Holding Corp. said it would no longer provide banking services to U.S. President Donald Trump’s company, as it joins lenders distancing themselves from him after last week’s assault on the U.S. Capitol. “Professional Bank has decided not to engage in any further business with the Trump Organization and its affiliates, and will be winding […]

Business

Deutsche Bank to cut business ties with Trump and his company as the Capitol riot fallout escalates

Deutsche Bank AG and Signature Bank, two of Donald Trump’s favored lenders, are pulling away from the billionaire president in the wake of last week’s deadly riot at the U.S. Capitol. The German lender has decided not to conduct any further business with Trump and his company, said two people with knowledge of the matter, […]

Business

Deutsche Bank’s Improbable comeback continues Because the Creditor delivers a earnings beat and Signs a Rise to bonuses

Deutsche Bank AG is likely bonus gains for low-income bankers following posting a 47 percent increase in debt trading earnings and boosting its own full-year prediction for those securities unit. “A business like ours should have the ability to cover aggressive performance,” Chief Financial Officer James Von Moltke stated in an Bloomberg Television meeting on […]