As the blue tsunami builds Reuters reports that Deutsche Bank has been looking for ways to ditch their problematic relationship with the mango mussolini. Evidently they’ve tried to sell the $340 million in loans on the secondary market but there’s been no interest in buying them.
DB apparently created a committee back in 2016 to examine the relationship and assess reputational and other potential damage. One result of their work is this:
If Trump is not in office, Deutsche Bank executives feel that it would be easier for them to demand repayment, foreclose if he is not able to pay it off or refinance, or try to sell the loans, according to two of the three bank officials.
Since Trump has personally guaranteed all the loans, Deutsche Bank could also seize the president’s assets if he is unable to repay, two of the three bank officials said.