Tag: Deutsche Bank

New York regulator asks Deutsche, other banks about Kushner loans: source

The following article article by Karen Freifeld was posted on the Reuters website February 28, 2018:

Credit: Reuters/James Lawler Duggan

New York’s state banking regulator asked Deutsche Bank AG (DBKGn.DE) and two other lenders for information on their relationships with U.S. President Donald Trump’s son-in-law and White House senior adviser Jared Kushner and his family’s real estate company, a person familiar with the matter told Reuters.

The New York State Department of Financial Services (DFS) made the requests to Deutsche Bank, Signature Bank and New York Community Bank for information on loans and other financial arrangements including lines of credit and loan guarantees a week ago, the person said. Continue reading “New York regulator asks Deutsche, other banks about Kushner loans: source”

Federal prosecutors in N.Y. requested Kushner Cos. records on Deutsche Bank loan

The following article by Michael Kranish was posted on the Washington Post website December 27, 2017:

Senior White House adviser Jared Kushner at a Cabinet meeting in November. (Jabin Botsford/The Washington Post)

Federal prosecutors have requested records related to a $285 million loan that Deutsche Bank gave Jared Kushner’s family real estate company one month before Election Day, the company confirmed this week.

The records were sought by prosecutors in Brooklyn and do not appear related to special counsel Robert S. Mueller III’s investigation into Russia’s interference in the 2016 election. Continue reading “Federal prosecutors in N.Y. requested Kushner Cos. records on Deutsche Bank loan”

Prosecutors Said to Seek Kushner Records From Deutsche Bank

The following article by Ben Protess, Jessica Silver-Greenberg and David Enrich was posted on the New York Times website December 22, 2017:

Jared Kushner, President Trump’s son-in-law and senior adviser, earlier this year. Deutsche Bank has lent hundreds of millions of dollars to the Kushner family real estate business. Credit Stephen Crowley/The New York Times

Federal prosecutors in Brooklyn have sought bank records about entities associated with the family company of Jared Kushner, President Trump’s son-in-law and senior adviser, according to four people briefed on the matter.

In recent weeks, prosecutors from the United States attorney’s office in the Eastern District of New York subpoenaed records from Deutsche Bank, the giant German financial institution that has lent hundreds of millions of dollars to the Kushner family real estate business. Continue reading “Prosecutors Said to Seek Kushner Records From Deutsche Bank”

Kushner firm’s $285 million Deutsche Bank loan came just before Election Day

the following article by Michael Kranish was posted on the Washington Post website June 25, 2017:

One month before Election Day, Jared Kushner’s real estate company finalized a $285 million loan as part of a refinancing package for its property near Times Square in Manhattan.

The loan came at a critical moment. Kushner was playing a key role in the presidential campaign of his father-in-law, Donald Trump. The lender, Deutsche Bank, was negotiating to settle a federal mortgage fraud case and charges from New York state regulators that it aided a possible Russian money-laundering scheme. The cases were settled in December and January. Continue reading “Kushner firm’s $285 million Deutsche Bank loan came just before Election Day”