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USA: Deutsche Bank will claim $340 million from Donald Trump

09/11/2020
Categories: General Information Companies
 USA: Deutsche Bank will claim $340 million from Donald Trump

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Deutsche Bank, which had granted about $340 million in loans to the Trump Organization, wants to change the color of its money as soon as the presidential elections end.


According to Reuter, the German bank indeed wants to end its relations with the future former American president. The Trump Organization has taken out three loans with Deutsche Bank for Donald Trump properties, which expire in two years. Since 1990, the bank has lent Trump over two billion dollars. This relationship led Deutsche Bank into congressional investigations that wanted to analyze the billionaire's finances as well as his alleged relationships with Russia. These investigations and the bad press that followed are considered to be “serious collateral damage” for the bank

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