Trump’s private bankers resign from Deutsche Bank

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“Rosemary Vrablic and Dominic Scalzi have resigned from Deutsche Bank since the end of the year, which was accepted by the bank,” said Daniel Hunter, the bank’s spokesman.

Vrablic and Scalzi have worked closely together for years since they joined Deutsche Bank a decade ago. Vrablic was a trusted contact for the Trump and Kushner organization and assumed the bank’s lending relationship with Trump in the private part of the bank after the commercial lending division stopped doing business with Trump.
German bank (DB) borrowed more than $ 300 million from Trump.

In a statement, Vrablic said: “I have chosen to resign from my position at the bank starting with December 31 and I am looking forward to my retirement.”

The Trump organization is being investigated by the Manhattan District Attorney’s Office and the New York Attorney General, and both agencies have sent the bank a credit relationship with the company.

Investigators are investigating whether the Trump organization misled or deceived the creditor by inflating the value of some of its assets, according to court documents.

In recent weeks, two Deutsche Bank employees have been questioned by investigators in the criminal investigation and asked general questions about lending practices. Employees did not work on Trump’s account.

Vrablic knows directly Trump’s relationship with the bank, while managing the account in recent years.

A lawyer for Vrablic declined to comment on the investigation.

“Ms Vrablic is committed to cooperating with the authorities if requested,” her lawyer said.

New York prosecutors have named President Donald Trump’s main creditor as part of the Manhattan District prosecutor’s criminal investigation into the president’s business practices, The New York Times reported in August.

Four people familiar with the investigation told the newspaper that Deutsche Bank was sent last year for financial records that Trump and the Trump Organization provided to the bank. The bank complied with the lawsuit and provided the Manhattan District Attorney’s Office with financial statements, records and other materials, two acquaintances told the Times.

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