Deutsche Bank, Trump’s biggest creditor, awarded conviction reprieve

“The Labor Department has granted Deutsche Bank a waiver from punishment allowing it to continue to manage retirement accounts for another three years, according to an announcement in the Federal Registry last month. Four other banks convicted in the case were also granted waivers.  Deutsche Bank has been a big lender to Trump over the years, and the president still has loans with the bank that were originally worth $300 million.”

Read more: https://www.washingtonpost.com/business/trump-lender-gets-waiver-from-punishment-after-conviction/2018/01/10/4b5dcd1a-f64e-11e7-9af7-a50bc3300042_story.html

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