The German banking powerhouse is under renewed scrutiny for its ties to Trump during the years he was a New York City real estate magnate, a relationship Democrats intend to probe now that they’ve recaptured the majority in the House of Representatives.
A 2018 financial disclosure form showed liabilities for Trump of at least $130 million to Deutsche Bank Trust Company Americas, a unit of the German bank. They are for properties including D.C.’s Trump International Hotel, located in a former post office in the nation’s capital.
A Trump Organization spokeswoman denied that the group had sought a loan for Turnberry, but did not specifically speak to whether the group had sought a loan, the Times said. Deutsche Bank declined to comment to the Times, and the Trump campaign did not immediately return CNBC’s request for comment.
–Reuters contributed to this article.
Be the first to comment