Tag Archives: Deutsche Bank

Bloomberg News reports: Deutsche Bank AG, whose global operation is under the microscope of U.S. lawmakers and criminal investigators, has enlisted an old friend of U.S. Attorney General William Barr to help the bank navigate the political waters in Washington. The decision came from Frankfurt, where the bank’s supervisory board led by chairman Paul Achleitner has retained Robert Kimmitt, according …

The New York Times reports: The New York prosecutors who are seeking President Trump’s tax records have also subpoenaed his longtime lender, a sign that their criminal investigation into Mr. Trump’s business practices is more wide-ranging than previously known. The Manhattan district attorney’s office issued the subpoena last year to Deutsche Bank, which has been Mr. Trump’s primary lender since …

The New York Times reports: Deutsche Bank has opened an internal investigation into the longtime personal banker of President Trump and his son-in-law, Jared Kushner, over a 2013 real estate transaction between the banker and a company part-owned by Mr. Kushner. In June 2013, the banker, Rosemary Vrablic, and two of her Deutsche Bank colleagues purchased a Park Avenue apartment …

ABC News reports: The son of a federal judge in Newark, New Jersey, has been shot and killed, and her husband shot and injured in an attack at the family’s home, according to law enforcement sources. The judge, Esther Salas, was not hurt. The judge’s son opened the door to the family’s North Brunswick home at about 5 p.m. Sunday …

Bloomberg News reports: Deutsche Bank AG will pay New York’s banking regulator $150 million for a string of compliance lapses including a half-decade of lax oversight of the financial dealings of convicted sex offender Jeffrey Epstein. New York’s Department of Financial Services provided fresh details Tuesday of Epstein’s money movements in the years before his death. It laid out how …

The Daily Beast reports: Despite decades of default worries, lawsuits, and acrimony, Deutsche Bank officials are said to have ignored deep internal concerns about Donald Trump and his finances and loaned him billions of dollars and introduced him to wealthy investors—including Russians—who were looking to keep their real-estate dealings anonymous. Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail …

The Washington Post reports: A federal appeals court has sided with House Democrats seeking to obtain President Trump’s private financial records from Deutsche Bank and Capital One, stating that “the public interest favors denial of a preliminary injunction.” The ruling by the U.S. Court of Appeals for the 2nd Circuit came in the ongoing legal battle Trump has waged over …

Law & Crime reports: Thomas Bowers, identified as a former Deutsche Bank executive who signed off on controversial loans to President Donald Trump, died last week after apparently taking his own life at 55. According to Forensic News‘ Scott Stedman, “One source who has direct knowledge of the FBI’s investigation into Deutsche Bank said that federal investigators have asked about …

The New York Law Journal reports: Attorneys for Deutsche Bank and Capital One had until 4 p.m. Tuesday to tell a panel of federal judges whether they have copies of the tax returns of President Donald Trump or three of his children. An order handed down by the U.S. Court of Appeals for the Second Circuit late Monday set the …

Law & Crime reports: President Donald Trump‘s attorneys filed a memorandum of law on Friday in an effort to block Deutsche Bank and Capital One from complying with subpoenas from the House of Representatives ahead of a May 6 deadline. Attorneys moved for a preliminary injunction to block the “outrageously broad” subpoenas. They noted that the subpoenas demand, “among other …

Mediaite reports: Eric Trump blamed the “Deep State” over the fact that Deutsche Bank and Capital One have faced congressional subpoenas to hand over their financial records on his father and the Trump Organization. When Eric Trump was asked about this during a Tuesday interview with Fox & Friends, the president’s son called it “presidential harassment 101” from people who …

The New York Times reports: President Trump, his three eldest children and his private company filed a federal lawsuit on Monday against Deutsche Bank and Capital One, in a bid to prevent the banks from responding to congressional subpoenas. In the suit, filed in federal court in Manhattan, the president and his family members argue that the Democratic House committee …

CNN reports: Deutsche Bank has begun the process of providing financial records to New York state’s attorney general in response to a subpoena for documents related to loans made to President Donald Trump and his business, according to a person familiar with the production. Last month, the office of New York Attorney General Letitia James issued subpoenas for records tied …

The New York Times reports: The New York attorney general’s office late on Monday issued subpoenas to Deutsche Bank and Investors Bank for records relating to the financing of four major Trump Organization projects and a failed effort to buy the Buffalo Bills of the National Football League in 2014, according to a person briefed on the subpoenas. The inquiry …

Reuters reports: Democrats now in control of the U.S. House of Representatives are working out which House panels will take the lead in investigating President Donald Trump’s business ties to Deutsche Bank, lawmakers and aides familiar with the plans told Reuters. As the new Democratic House of Representatives majority launches a range of investigations into the Republican president and his …

The Hill reports: Rep. Adam Schiff (D-Calif.) told The New Yorker that he plans to subpoena information on President Trump’s personal business transactions from Deutsche Bank regarding allegations that the president’s financial interests in Russia are affecting his foreign policy positions. Schiff, who will chair the House Intelligence Committee come January, said he believes answers to whether Trump was involved …

The BBC reports: The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering investigation. Germany’s public prosecutor alleged that two staff members have helped clients launder money from criminal activities. Police cars were seen outside the tower blocks that house the headquarters of Germany’s biggest bank. Other Deutsche offices in the city were searched in …

The New York Times reports: Federal prosecutors in Brooklyn have sought bank records about entities associated with the family company of Jared Kushner, President Trump’s son-in-law and senior adviser, according to four people briefed on the matter. In recent weeks, prosecutors from the United States attorney’s office in the Eastern District of New York subpoenaed records from Deutsche Bank, the …

Bloomberg reports: Special prosecutor Robert Mueller zeroed in on President Donald Trump’s business dealings with Deutsche Bank AG as his investigation into alleged Russian meddling in U.S. elections widens. Mueller issued a subpoena to Germany’s largest lender several weeks ago, forcing the bank to submit documents on its relationship with Trump and his family, according to a person briefed on …

Raw Story reports: Deutsche Bank has agreed to hand over records of its financial dealings with President Donald Trump after months of stalling and insistence that the records are confidential and privileged information. Vanity Fair‘s Bess Levin wrote on Thursday that the German company was one of the last banks on Wall Street willing to do business with Trump after …