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Deutsche Bank and the U.S. query on Trump

Monday, June 05, 2017 - 00:46

Germany's largest bank has asked for more time to respond to a request from Democrats on a U.S. House of Representatives panel for details about U.S. President Donald Trump's possible ties to Russia, a person familiar with the matter said on Monday. Ciara Lee reports.

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He's being investigated for possible links to Russia. And some are asking if Germany's largest bank has any answers to President Trump's dealings. Deutsche Bank has reportedly asked for more time to respond to a request from Democrats from a U.S. House of Representatives panel. They sent a letter last month to Deutsche bank CEO John Cryan, seeking details that might show if Trump's loans for his real estate business were backed by the Russian government. One person speaking on the condition of anonymity said Deutsche Bank's external counsel sent a letter on Friday to the Democrats saying it needed more time. Deutsche Bank has declined to comment about any business dealings with Trump.

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Deutsche Bank and the U.S. query on Trump

Monday, June 05, 2017 - 00:46