Deutsche Bank refused Trump a loan in 2016, worried he was too divisive

Deutsche Bank refused Donald Trump a loan during the 2016 campaign partly out of concern that he was too divisive a candidate.

…The request was examined by the bank’s top brass, including Christian Sewing, the former head of the wealth management unit who is now CEO. They concluded that Trump’s campaign rhetoric made him a risky borrower, and public knowledge of the loan arrangement could hurt the bank’s reputation. They also weighed the risks of the possibility that the bank would have to seize a president’s assets in the event of a loan default, the Times reported.

Deutsche Bank refused Trump a loan in 2016, worried he was too divisive – Business Insider

hmmmm

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