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Deutsche Bank worried that Trump will default on massive loans
kaldridgewv2211 replied 2 years, 9 months ago 8 Members · 54 Replies
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[h1][b]Deutsche Bank Wont Exit Russia[/b][/h1]
Deutsche Bank said it is not practical to close its Russia business, despite similar moves by major corporations seeking to distance themselves from the country over its invasion of Ukraine, [link=https://www.cnbc.com/2022/03/10/deutsche-bank-says-not-practical-to-exit-russia-business.html]CNBC[/link] reports.
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Time to let the long d1ck of the law find Deutsche Bank
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[b]Deutsche Bank Reverses Course and Will Exit Russia [/b]
Deutsche Bank said Friday that it was winding down its operations in Russia, one day after its chief financial officer said it wasnt practical to shutter the unit, [link=https://www.cnbc.com/2022/03/11/deutsche-bank-reverses-course-on-russia-says-it-will-unwind-business-there.html]CNBC[/link] reports. -
“If you owe $100, that’s your problem. If you owe $100 million, that’s the bank’s problem.”
Donald J. Trump
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Some of you may enjoy [link=https://www.flyertalk.com/forum/redirect-to/?redirect=https%3A%2F%2Fwww.nbcnews.com%2Fpolitics%2Fdonald-trump%2Ftrump-organization-used-borrow-major-banks-now-look-lending-money-rcna22068]this article[/link] about the recent changes in Trump’s baking –
[b]The Trump Organization used to borrow from major banks. Now look who’s lending it money. [/b]
[b]An examination of legal filings, internal documents and land records shows Axos Financial has a history of handling atypical loans.[/b]” The bank has also been sued by two former employees who say they were wrongfully fired after they raised questions about its practices. On March 21, Jennifer Brear Brinker, hired in 2018 to review the banks loan portfolios for its Governance, Risk Management and Compliance Department, filed suit against Axos in federal court in California.
Brinker accused the bank of intentionally understaffing its compliance department in an effort to conceal its failure to comply with federal banking regulations and contends she was terminated in January 2021 while completing a report highlighting deficiencies at Axos including significant issues in the banks anti-money laundering practices.
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Also, a few degrees of separation, but Axos not too far away from Russian banks sanctioned under US law.