Business Donald Trump

Two Major Banks Sever All Ties To Trump As His Company Faces Financial Ruin

At the moment, literally nothing is going right for Donald Trump. Just consider:


  • He’s being investigated in New York for financial crimes and in the District of Columbia for inciting the riots at the U.S. Capitol
  • He’s being impeached for the second time, something that has never happened in the history of the country
  • In eight days, he loses all protection from being forced to appear in court if subpoenaed or indicted

As if that’s not bad enough, two giant banks have announced that they are cutting all ties with Trump and the Trump Organization, according to the New York Times:

“Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, has decided not to do business with Mr. Trump or his company in the future, according to a person familiar with the bank’s thinking. Mr. Trump currently owes Deutsche Bank more than $300 million, which is due in the next few years. The bank has concluded that, short of forgiving the debt, it has no way to extricate itself from the Trump relationship before the loans come due.

“Another longtime financial partner of the Trumps, Signature Bank, also is cutting ties. The bank — which helped Mr. Trump finance his Florida golf course and where Ivanka Trump, the president’s daughter, was once a board member — issued a statement calling on Mr. Trump to resign as president ‘in the best interests of our nation and the American people.’ Susan Turkell, a spokeswoman for the bank, said Signature had decided that it ‘will not do business in the future with any members of Congress who voted to disregard the Electoral College.’ Ms. Turkell said that in the wake of the riots the bank began closing Mr. Trump’s two personal accounts, which had about $5.3 million.”

All of this means that the Trump Organization — which is owned by the president and his three eldest children, Don Jr., Ivanka, and Eric — is now heavily in debt and unable to borrow from two banks that have been amendable to him in the past, as The Independent notes:

“According to Reuters news wire, Deutsche Bank has about $340 million in loans outstanding to the Trump Organization between 2023 and 2024, the umbrella corporation that manages the president’s vast international business portfolio.”

What will the Trumps do now that it appears their fortune is in jeopardy of being wiped out and their company bankrupted? Well, they’d best hope they have some money hidden in reserve somewhere, because they’re likely going to need it to pay their legal bills.

Corruption Crime Donald Trump

Trump’s Favorite Bank Makes It Clear They Aren’t Going To Protect Him Any Longer

The bank that has loaned Donald Trump more money than any other over the years appears to be ready to toss one of its most famous clients to the wolves based on actions bank leadership has taken, the New York Times reports:

“Deutsche Bank has opened an internal investigation into the longtime personal banker of President Trump and his son-in-law, Jared Kushner, over a 2013 real estate transaction between the banker and a company part-owned by Mr. Kushner.

“In June 2013, the banker, Rosemary Vrablic, and two of her Deutsche Bank colleagues purchased a Park Avenue apartment for about $1.5 million from a company called Bergel 715 Associates, according to New York property records.

“Mr. Kushner, a senior adviser to the president, disclosed in an annual personal financial report late Friday that he and his wife, Ivanka Trump, had received $1 million to $5 million last year from Bergel 715. A person familiar with Mr. Kushner’s finances, who wasn’t authorized to speak publicly, said he held an ownership stake in the entity at the time of the transaction with Ms. Vrablic.”

The internal investigation is especially bad news considering that Deutsche Bank may now be facing serious legal exposure if one of its employees did indeed break the law or violate lending regulations. And that means the bank would be eager to turn over data to prosecutors looking into the financial dealings of the president if it means they want to argue for leniency when various jurisdictions choose to punish the German financial giant.

There have been rumors for years that the reason Deutsche Bank has been willing to loan money to Trump — even though he has stiffed them on loans in the past — because it serves as a go-between for foreign governments and businesses that want to launder ill-gotten gains in real estate projects in the United States. Russia has often been mentioned as having backed Trump’s loans with Deutsche Bank.

Even though the internal probe being conducted by Deutsche Bank will  run beyond Trump’s term in office, both he and Kushner are facing criminal charges if they committed offenses with the assistance of the bank.

At the moment, nothing is going right for Donald Trump. And Deutsche Bank may have just made the president’s future even darker than it already was.

Crime Donald Trump

Trump’s Personal Banker Abruptly Resigns As Criminal Investigators Close In On The Donald

In what may well prove to be the most definitive evidence yet that New York criminal investigators are indeed closing in on Donald Trump for financial crimes, Trump’s personal banker at German financial giant Deutsche Bank — which has loaned the president hundreds of millions of dollars over the years — has abruptly resigned, the New York Times reports:

“Rosemary Vrablic, a managing director and senior banker in Deutsche Bank’s wealth management division, recently handed in her resignation, which the bank accepted, according to a bank spokesman, Daniel Hunter.

“’I’ve chosen to resign my position with the bank effective Dec. 31 and am looking forward to my retirement,’ Ms. Vrablic, 60, said in a statement on Tuesday.”

Deutsche Bank opened an internal review in August of a questionable real estate transaction between Vrablic and a company partially owned by Jared Kushner, Trump’s son-in-law who also serves as a top White House policy adviser.

Vrablic joined Deutsche Bank in 2006, and she immediately began courting a controversial new client: Donald Trump:

“(Trump) had been mostly off limits to the mainstream banking world because of his tendency to default on loans. With her bosses’ approval, Ms. Vrablic agreed to a series of loans, totaling well over $300 million, for his newly acquired Doral golf resort in Florida, for his troubled Chicago skyscraper and for the transformation of the Old Post Office building in Washington into a luxury hotel.”

A few years later, Vrablic was an invited V.I.P. guest at Trump’s inauguration, something that drew the attention of many, including investigators with the office of Manhattan District Attorney Cyrus Vance, Jr. According to court filings, Vance has impaneled a grand jury and is investigating Trump for insurance and tax fraud, along with money laundering.

Trump currently owes Deutsche Bank $330 million in loans which come due in 2023 and 2024. Since Trump personally guaranteed those loans, failure to repay them would allow the bank to seize his personal assets.

The Times also notes that prosecutors are looking closely at Deutsche Bank for their role in potential crimes:

“Since the November election, his prosecutors have interviewed Deutsche Bank officials about the bank’s lending policies and procedures, and bank executives expect that prosecutors will summon employees to testify before a grand jury.”

Once Trump is no longer president, he can be indicted, tried, and incarcerated for the crimes he’s allegedly committed. That’s why he’s fighting so frantically to remain in the White House and why he’s so terrified of what happens the minute he leaves office.

Crime Donald Trump

Manhattan DA Sets Up Task Force To Investigate Trump’s Alleged Financial Crimes

Manhattan District Attorney Cyrus Vance Jr. is clearly taking his investigation of Donald Trump to the next level and is setting up a special task force to take a long look at the president’s taxes and business dealings, according to Charles Gasparino of Fox Business.

Mediaite reports that Gasparino told Neil Cavuto Vance’s office has already conducted interviews with banking officials, including German financial giant Deutsche Bank, which has loaned Trump hundreds of millions of dollars over the years despite him being a poor credit risk:

“I think there is an insurance company involved, Aon,” Gasparino continued. “So this thing is heating up. I can’t tell you if they have good evidence, I can’t tell you if they have bad evidence. I can tell you that they’re clearly turning the levers now. This is rubber meets the road time on this.”

Such an investigation would seem to confirm remarks made by Trump’s former attorney, Michael Cohen, who told CNN in September that the president often inflated his assets for the purposes of insurance and then fail to pay the required taxes on them:

“The fact that he doesn’t report the income that he claims, his wealth is not as significant, and I believe that they were probably very lenient in how they took deductions. His biggest fear is if that tax return was released, there’s a whole slew of organizations, of accountants and forensic accountants that will rip through it and he will end up with a massive tax bill, fraud penalties, fines, and possibly even tax fraud.”

If you want to know why Donald Trump is so terrified of no longer being president, you don’t have to look any further than his taxes. That’s where the crimes are and those the documents that will wind up sending him to prison.


Donald Trump

German Bank Preparing To Seize Trump’s Assets If He Fails To Repay His Loans

German financial giant Deutsche Bank is planning to cut all ties to Donald Trump and the Trump Organization immediately after the the election, according to a report from Reuters:

“Deutsche Bank AG is looking for ways to end its relationship with President Donald Trump after the U.S. elections, as it tires of the negative publicity stemming from the ties, according to three senior bank officials with direct knowledge of the matter.”

Trump owes Deutsche Bank about $340 million in loans that are guaranteed by three Trump properties and a personal promise of repayment from the president. And that could wind up being a gigantic problem for Trump if he cannot make enormous payments on the loans which are due over the course of the next two years, because the bank is prepared to seize the buildings or the president’s assets if payment is not made promptly:

“If Trump is not in office, Deutsche Bank executives feel that it would be easier for them to demand repayment, foreclose if he is not able to pay it off or refinance, or try to sell the loans, according to two of the three bank officials.

“Since Trump has personally guaranteed all the loans, Deutsche Bank could also seize the president’s assets if he is unable to repay, two of the three bank officials said.”

Imagine for a second what might happen if Trump does indeed lose the election: He would be a failed one-term president, under criminal investigation in New York, and flat broke as his creditors begin demanding payment and taking the only thing of value he has left: His properties.


Keep in mind that Trump’s properties and business holdings are already experiencing a major downturn thanks in large part to the coronavirus which the president has failed to control. And the Trump Organization’s attempts to expand into new areas of business have also hit a wall:

“Last month Reuters reported that Trump’s plan to make money by developing houses and hotels on his golf courses, including the one involving the Deutsche Bank loan, had not panned out so far.”

One thing is certain: Donald Trump is confronted with big problems that could wind up leaving him on the brink of financial collapse and facing imprisonment for the remainder of his life.