Deutsche Bank Expects Subpoenas Over Russia Probe: Report

  • Lender has been in contact with special counsel Mueller’s team
  • Banking regulators reviewing loans, New York Times reports

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Deutsche Bank AG executives expect the lender will soon receive subpoenas or other requests for information from U.S. Justice Department special counsel Robert Mueller regarding the investigation into possible Trump campaign ties to Russia, the Guardian reported.

The German lender and Mueller’s team have established informal contact in connection with the investigation, the newspaper said, citing an unidentified person close to the matter. Separately, the New York Times reported that banking regulators are reviewing hundreds of millions of dollars in loans made to businesses of President Donald Trump through Deutsche Bank’s private wealth management unit, citing three unidentified people briefed on the review.