Two Deutsche Bank employees responsible for lending to President Donald Trump and his son-in-law, Jared Kushner, have resigned.
“Rosemary Vrablic and Dominic Scalzi have resigned their positions to effective Deutsche Bank at the end of the year, which was accepted by the bank,” said Deutsche Bank AG DB,
he said in a statement Tuesday.
The New York Times first reported on the past.
Vrablic has been a long-time managing director and senior banker in Deutsche Bank’s wealth management division, and has helped manage hundreds of millions of dollars lent to Trump over the years, the Times.
Scalzi reportedly worked closely with her, and the two continued the bank’s private relationship with Trump after the commercial side stopped doing business with him, accusing Trump of being a deadly blow. normal.
Through Vrablic, Deutsche Bank has lent Trump Group more than $ 300 million, according to the Times.
In August, the Times reported that Deutsche Bank was reviewing a 2013 real estate deal involving Vrablic and Scalzi and a company owned by Kushner.
The Trump Group is under parallel fraud investigations with the New York Attorney General and the Manhattan district attorney’s office, both of which have filed Deutsche Bank for records.