Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

pnwmom

(109,024 posts)
Sun Jan 21, 2018, 12:31 AM Jan 2018

Deutsche Bank's findings about its Kushner accounts are a "giant risk" to its "reputation."

Hmmm . . . can't wait to hear more!

http://www.newsweek.com/deutsche-bank-willing-report-jared-kushners-suspicious-transactions-robert-786011

“Achleitner’s internal detectives were embarrassed to deliver their interim report regarding real estate tycoon Kushner to the financial regulator BaFin,” states the Manager Magazin story translated from German to English. “Their finding: There are indications that Donald Trump’s son-in-law or persons or companies close to him could have channeled suspicious monies through Deutsche Bank as part of their business dealings.”

No details on the suspicious money transfer were reported. The bank is worried about what the results will mean for its image, according to Manager Magazin.

“What BaFin will do about [the bank’s findings] is not the bank’s greatest concern,” the German magazine reported. “Rather, it’s the noise that U.S. special counsel Robert Mueller … will make in his pursuit of Trump. For he will likely obtain this information—a giant risk to [the bank’s] reputation.”

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Deutsche Bank's findings about its Kushner accounts are a "giant risk" to its "reputation." (Original Post) pnwmom Jan 2018 OP
Deutsche Bank is a major power in Germany. Anothe major bank also has had trouble Commerz Bank bobbieinok Jan 2018 #1
Their reputation is in the shithole anyway. lagomorph777 Jan 2018 #2
At odds. I am watching this. babylonsister Jan 2018 #3

lagomorph777

(30,613 posts)
2. Their reputation is in the shithole anyway.
Sun Jan 21, 2018, 01:40 AM
Jan 2018

I do understand though, the worst thing that can happen to anybody's reputation is any connection to Trump.

babylonsister

(171,110 posts)
3. At odds. I am watching this.
Sun Jan 21, 2018, 01:40 AM
Jan 2018
https://www.usatoday.com/story/news/politics/2018/01/10/convicted-bank-reprieves/1023062001/

Trump lender, other convicted banks get reprieves from feds
Bernard Condon, AP Business Writer Published 8:03 p.m. ET Jan. 10, 2018
AP TRUMP-DEUTSCHE BANK F FILE A USA NY


NEW YORK — Five banks, including a big lender to President Donald Trump, have received temporary reprieves from the administration to run businesses that they otherwise would have had to shut down after criminal convictions.

The Labor Department granted Deutsche Bank a waiver from punishment allowing it to continue to manage pension funds and individual retirement accounts for another three years, according to an announcement in the Federal Registry soon after the decision last month. Four other banks convicted in criminal cases were also granted waivers.

more...

Latest Discussions»General Discussion»Deutsche Bank's findings ...