Earlier this month, New York’s attorney general reportedly subpoenaed the German bank over the credit extended to the Trump Organization, signalling a new inquiry. In wake of these reports, The New York Times detailed the history of relations between Deutsche Bank and the US president, including multimillion dollar loans, despite “red flags”.
Deutsche Bank kept lending Donald Trump millions of dollars for years since the late 1990s, despite having been deemed a “risky” client, The New York Times reported. The outlet alleges that Deutsche Bank’s loans to Trump totalled $2 billion, also reporting that Trump could be lying about his net worth and assets.