NEW: Banks are moving away from Trump & his company.
• @DeutscheBank won't work with him in the future, source says.
• Signature Bank, which long had close ties with Trump and Kushner, is closing his accounts. with @EricLiptonNYT @SteveEder @maggieNYT https://www.nytimes.com/2021/01/11/business/trump-brand-capitol-mob.html
• @DeutscheBank won't work with him in the future, source says.
• Signature Bank, which long had close ties with Trump and Kushner, is closing his accounts. with @EricLiptonNYT @SteveEder @maggieNYT https://www.nytimes.com/2021/01/11/business/trump-brand-capitol-mob.html
Deutsche execs have concluded that, short of canceling Trump’s $300M+ of debts, there is nothing they can do to extricate themselves quickly.
Signature Bank, where @IvankaTrump used to sit on the board, is calling for Trump's resignation as president.
Signature Bank, where @IvankaTrump used to sit on the board, is calling for Trump's resignation as president.
I asked other banks where Trump has checking/savings or brokerage accounts – including @jpmorgan and @CapitalOne – what they were doing about their Trump relationships.
They declined to comment.
They declined to comment.