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Deutsche Bank has agreed to pay fines and penalties of about 130 million US dollars (£96 million) to avoid a criminal prosecution on charges it participated in a foreign bribery scheme to win business in Saudi Arabia. Lawyers for the bank, which has longstanding ties to President Donald Trump, waived its right to face an indictment on conspiracy charges during a teleconference with a federal judge in New York City. According to court papers, Deutsche Bank bribed intermediaries to make deals in Saudi Arabia between 2009 and 2016, labelling the payments as “referral fees” for consultants. ...

Resignation hints at Deutsche Bank turning back on Trump Lender is looking for ways to end its relationship with the outgoing US president after negative publicity 23 December 2020 - 16:33 Kanishka Singh and Shradha Singh Picture: REUTERS/KHAI PFAFFENBACH Bengaluru — Donald Trump’s longtime banker at Deutsche Bank will be stepping down from the German lender, the move coming as the bank looks for ways to cut its relations with the US president. Rosemary Vrablic, an MD and senior banker in the lender’s wealth management division, recently handed in her resignati...

Reuters Reuters 24 December, 2020, 7:30 am According to the New York Times, which first reported Vrablic’s resignation, she arranged for the lender to grant hundreds of millions of dollars of loans to Trump’s company.Picture: REUTERS. (Reuters) – Donald Trump’s longtime banker at Deutsche Bank AG will be stepping down from the German lender, with the move coming as the bank looks for ways to cut its relations with the U.S. president. Rosemary Vrablic, a managing director and senior banker in the lender’s wealth management division, recently handed in her resignation, which the bank ...

Meet Oppo X 2021 President Donald Trump's longtime personal banker Rosemary Vrablic has resigned from Deutsche Bank, the German bank said on Tuesday. Vrablic, who was managing director at the bank, and was Trump's personal banker for almost a decade, tendered her resignation effective as of year-end, which was accepted by the bank, Deutsche Bank spokesman Dan Hunter said in an e-mailed statement. Besides, Trump's son-in-law Jared Kushner's personal banker Dominic Scalzi who worked at the Deutsche Bank also tendered his resignation on the same day. The move comes as the Germen lender looks...

Trump’s longtime personal banker quits Deutsche Bank Rosemary Vrablic arranged for the lender to grant hundreds of millions of dollars of loans to Mr Trump's firm, reported the New York Times 22 December 2020 • 10:22pm Donald Trump’s longtime personal banker at Deutsche Bank is stepping down from her senior role, as the German lender tries to move away from ties with the outgoing US President. According to the New York Times who first reported the resignation, Rosemary Vrablic  a managing director and senior banker in Deutsche Bank’s US wealth management division – arranged f...