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Deutsche Bank will stop business dealings with Trump and his family enterprises

The Council of the European Central Bank decided to reiterate its very loose monetary policy position.

Deutsche Bank headquarters building photographed on March 12, 2019 in Frankfurt, Germany. Photo by Xinhua News Agency reporter Qi Yang)

January 13 The New York Times reported on the 12th that Deutsche Bank of Germany decided to stop commercial dealings with US President Donald Trump and his family enterprises in the future

A source familiar with Deutsche Bank’s internal decision said that Deutsche Bank made the decision after Trump supporters stormed the U.S. Congress on the 6th.

Deutsche Bank’s head of U.S. operations, Christina Riley, previously condemned the impact on the Congress on social media.

Deutsche Bank is one of the largest commercial banks in Germany.

Reuters reported that Deutsche Bank is the largest source of loans for the Trump family’s business, which currently has about $340 million in outstanding loans.

Reuters reported in November last year that Deutsche Bank sought to cut off with Trump after the U.S. election because it could not bear the negative impact of Trump’s actions on banks.

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