Trump’s Deutsche Bank Records Subpoenaed by Mueller
The subpoena requested documents and data about the president’s accounts and other dealings
Since 1998, the lender has led or participated in loans of at least $2.5 billion to companies affiliated with Mr. Trump,.. Deutsche Bank kept doing business with Mr. Trump after other banks pulled away, and even after Deutsche Bank itself became embroiled in a nasty legal battle over 2005 loans worth more than $600 million to build the Trump International Hotel and Tower in Chicago. After Mr. Trump missed loan payments in 2008, he and Deutsche Bank sued each other. They settled out of court in 2009... Deutsche Bank this year faced repeated document requests from Democratic lawmakers scrutinizing the administration’s ties to Russia.
The Democrats lacked Republican support to compel Deutsche Bank to provide the information. Deutsche Bank lawyers have said U.S. bank-secrecy rules prohibited the lender from revealing details about its clients or their business with the bank without a subpoena or other formal request from Congress.