According to a report, Deutsche Bank has severed ties with US President Donald Trump. For all you know, the institution was Trump’s main lender for 2 decades, and he recorded a debt with the institution of over $ 300 million!
As such, they decided not to conduct any dealings with Trump or his company in the future.
However, Deutsche Bank does not want to submit any response to the issue.
The move was prompted by a violent attack last week on the U.S. Capitol by Trump supporters over presidential incitement. Therefore, the bank follows in the footsteps of other companies to sever ties with Trump and his business.
Based on a statement made by Christiana Riley, head of the US division of Deutsche Bank, said the violent siege in the capital was a dark day for America and the country's democracy.
Meanwhile, ties between Trump and Deutsche Bank have sparked numerous investigations in the United States, including in New York, where Manhattan County Attorneys are investigating whether Trump committed a financial crime when he applied for a loan.
