Deutsche Bank queried by U.S. House panels on Trump ties
25 Jan 2019

Deutsche Bank AG (DBKGn.DE) has received an inquiry from two U.S. House of Representatives committees on the lender’s ties to President Donald Trump, it said on Thursday.

Democrats now in control of the House had been working out which House panels would take the lead in investigating Trump’s business ties to Germany’s largest lender, lawmakers and aides familiar with the plans told Reuters last week.

“The bank has received an inquiry from the House financial services and intelligence committees,” Deutsche Bank said in a statement.

The committee leaders said in a joint statement Thursday that they were in talks with the bank and expect its cooperation in its inquiries.

– By Tom Sims and Andreas Framke, Reuters, 224 January 2019

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