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Deutsche Bank, Signature Cutting Ties With Trump After Riots

  • Deutsche Bank has decided not to do more business with Trump
  • Signature Bank closes personal accounts, calls for resignation
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Wall Street Pauses Political Contributions
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Deutsche Bank AG and Signature Bank, two of Donald Trump’s favored lenders, are pulling away from the billionaire president in the wake of last week’s deadly riot at the U.S. Capitol.

The German lender has decided not to conduct any further business with Trump and his company, said two people with knowledge of the matter, asking not to be identified because the deliberations were confidential. Trump owes the Frankfurt-based lender more than $300 million.