Skip to content
Subscriber Only

Deutsche Bank Won’t Disclose Trump Dealings Citing Privacy

  • Lawyers for bank say it must maintain client confidentiality
  • U.S. Democrats asked for information on loans, Russia trading
Updated on

Deutsche Bank AG said it can’t comply with a request to hand over information related to its relationship with Donald Trump and trades from the bank’s Moscow operation as political opponents seek to probe the U.S. President’s links with Russia.

The lender is required by law to maintain confidentiality of non-public customer information, Deutsche Bank lawyers said in a letter responding to a request from five Democratic Party lawmakers to hand over its findings on loans made to Trump and trades made from Moscow. Known as the “mirror trading” scandal, the trades helped move about $10 billion out of the country.