Deutsche Bank AG rebuffed a request from the Trump Organization in March 2016 to increase a loan for the Trump National Doral, a Florida golf resort, because of concerns about expanding the bank’s relationship with then-candidate Donald Trump or his company, according to people familiar with the matter.
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Trump Organization Sought Loan From Deutsche Bank in 2016, Was RebuffedThe Trump Organization sought a loan from Deutsche Bank in 2016 and was rebuffed, according to people familiar with the matter, because of the bank’s concerns about exposure to the then presidential candidate and his affiliates
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Deutsche Bank said to refuse Trump a loan during heated 2016 presidential campaignTrump's request for a loan set off a fierce internal debate at Deutche, the New York Times reported.
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Donald Trump claims Trump Tower Moscow doesn’t count as “business” with Russia“I had no money invested. It was a letter of intent, or option. It was a free option,” Trump argued.
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