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Saturday, November 30, 2019
Deutsche Bank, Trump, Sondland, US Bank Bancorp
"A former Deutsche Bank executive who reportedly signed off on some of the institution’s unorthodox loans to Donald Trump killed himself in his Malibu home on November 19.
Trump’s relationship with Deutsche Bank—which lent him around $2 billion after most other institutions had forsaken him for his history of defaults and bankruptcies—has come under investigation by two Congressional committees and the New York Attorney General, who are hoping the bank can shed light on Trump’s elusive finances, according to the New York Times. At one point, Bowers had a close connection to those finances.
Thomas Bowers, the onetime head of Deutsche Bank’s American wealth-management division, where he oversaw Trump’s private banker, committed suicide by hanging, according to Los Angeles County Medical Examiner-Coroner’s office. Bowers was 55.
Bowers isn’t the first Trump-connected Deutsche exec to commit suicide. In 2014, Deutsche derivatives analyst William S. Broeksmit, who reportedly had links to Trump and Russia, hung himself from a dog leash at his home in London."
https://www.lamag.com/citythinkblog/deutsche-bank-death/
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https://en.wikipedia.org/wiki/U.S._Bancorp
"The U.S. Bank name first appeared as United States National Bank of Portland, established in Portland, Oregon, in 1891.It changed its name to the United States National Bank of Oregon in 1964.
In 1902, it merged with Ainsworth National Bank of Portland, but kept the U.S. National Bank name
*** March 2013, U.S. Bancorp announced that it was acquiring the $57 billion municipal bond trustee business from Deutsche Bank.
In February 2018, the bank was charged by the Department of Justice with failing to implement measures preventing illegal activities, including one case of abetting them.
To defer prosecution, U.S. Bancorp agreed to pay $613 million in fines and agreed to implement measures to show the authorities that it had improved the monitoring of its customer transactions.
$505 million was distributed in September 2018 to customers of an illegal payday loan business whose suspicious activities US Bancorp had failed to report.""
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https://useu.usmission.gov/our-relationship/our-ambassador/
" Ambassador Sondland is also a current member of the US Bancorp Advisory Board, and he also serves on the Board of Visitors of the Sanford School of Public Policy at Duke University."
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