The New York Times: Deutsche Bank Decides to Stop Doing Business with Trump

The New York Times reported that Deutsche Bank decided not to conduct future activities with US President Donald Trump or his companies, following the attack by his supporters on the US Congress building.

Deutsche Bank is Trump’s largest lender, as Trump’s disclosures to the US Government Ethics Office and banking sources indicate that the value of the bank’s owed loans to the Trump Organization, which is an umbrella group of companies owned by the US president and currently supervised by his two sons, is about $ 340 million.

The move, which was revealed by The New York Times, citing a source familiar with the bank’s thinking, comes at a time when Signature Bank has called on Trump to resign.