Deutsche Bank’s Overhaul May Leave Thousands in U.S. Without Jobs

Deutsche Bank rattled investors, and a lot of employees, when it announced that it would cut 18,000 workers—nearly a quarter of its global staff—in a massive restructuring. As the company announced late Sunday, it is ”radically transforming its business” in order to become “more profitable, improve shareholder returns and drive long-term growth.” That means it […]

Trump Family Sues Deutsche Bank To Keep Financial Records Secret

President Donald Trump sued to block Deutsche Bank AG and Capital One Financial Corp. from complying with congressional subpoenas targeting his bank records, escalating the president’s showdown with Democratic lawmakers investigating his finances. The German lender has already begun the process of giving documents related to loans made to Trump or some of his businesses […]

Deutsche Bank Loaned Trump Billions: Report

In the midst of the New York attorney general’s and two different Congressional committees’ simultaneous investigations into President Donald Trump’s relationship with Deutsche Bank AG, the New York Times reported Monday that Trump received more than $2 billion in loans over the course of two decades. The Times interviewed 20 Deutsche board members and executives […]

Deutsche Bank Loaned Trump Billions After He Lied About Wealth: Report

In the midst of the New York attorney general’s and two different Congressional committees’ simultaneous investigations into President Donald Trump’s relationship with Deutsche Bank AG, the New York Times released an explosive report Monday alleging that Trump lied to the bank about his net worth to get more than $2 billion in loans over the […]

New York Attorney General Subpoenas Deutsche Bank and Investors Bank Over Trump

The New York State attorney general’s office issued subpoenas late Monday night to Deutsche Bank and Investors Bank for financial records about major Trump Organization projects, the New York Times reported. The documents sought would cover loan applications, mortgages, and lines of credit for Trump International Hotel in Washington, D.C., Trump National Doral near Miami; […]