Trump still owes lenders including Deutsche Bank as much as $480 million

President Donald Trump’s latest financial disclosure form reports liabilities to banks and financial services firms of between $356.15 million and $480.35 million, including up to $175 million to Deutsche Bank U.S. and $150 million to Ladder Capital, a listed real estate investment trust.

Robert Mueller, the special counsel heading the federal inquiry probing alleged Russian interference in the 2016 U.S. presidential race, subpoenaed records regarding Trump’s loans in December 2017, as well information on former Trump campaign chairman Paul Manafort, according to the New York Times.

Deutsche Bank’s DB, -0.12% DBK, -0.02%   new CEO, Christian Sewing, used to lead its private bank, the division that approved the loans to Trump’s company.

Source: MarketWatch

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