Similar Stories to In An Odd Move, Trump Shifts His Banking Business To A Small Firm In Florida on Bing News

With his relationship with Deutsche Bank under increasing scrutiny, President Donald Trump, in a move not previously reported, has recently shifted some of his banking business from this global institution to a small and relatively new bank in South Florida. As Democrats in Congress have requested information from Deutsche Bank about its dealings with Trump—the firm has loaned him billions over the years—he appears to have closed his brokerage accounts with the German company and has deposited millions of dollars with the Coral Gables-based Professional Bank, which last year gave Trump an eight-figure loan to buy a property adjacent to his private club Mar-a-Lago. Trump’s burgeoning business ties to Professional Bank comes amidst escalating tensions between Trump and Deutsche Bank.

BING NEWS:
  • Trump-Biden Election Could Be Pivotal For The Economy And Your Wallet
    As a presidential race between Joe Biden and Donald Trump grows more and more likely, the two candidates are promising very different approaches to public policy when it comes to money.
    05/22/2024 - 5:29 am | View Link
  • Truist shifts wealth, small business segments to new units
    Truist Financial Corp. disclosed in a regulatory filing Friday additional ripple effects from the May 7 completion of selling the remaining 80% of its ownership of its Truist Insurance Holdings ...
    05/13/2024 - 6:00 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News