'Largest creditor Trump is Deutsche Bank'

'Largest creditor Trump is Deutsche Bank'

World November 12, 2016 14:21

frankfurt - The largest creditor of property tycoon Donald Trump is Deutsche Bank. This was reported Saturday the economic newspaper Das Handelsblatt. Trump as a businessman are already gone bankrupt once and that scares lenders. Numerous US banks such as Citigroup and JP Morgan would keep away Trump, but Deutsche Bank defines Handelsblatt ' as the loyal Bank of the future president. '

US media estimate that the elected president magnate for at least $ 100 million in debt stands at the bank of Frankfurt. That would represent a third of the total debt of Trump's empire.

Deutsche Bank is engaged in America in many conflicts. Thus, the bank hangs a fine of billions of overhead due to reprehensible practices with mortgages.

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