Trump May Have a $300 Million Conflict of Interest With Deutsche Bank
- Concern about conflict of interest given bank’s federal probes
- Deutsche Bank faces huge potential fines from U.S. government
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For years, Donald Trump has used a powerful tool when dealing with bankers: his personal guarantee.
Now that guarantee -- employed to extract better terms on hundreds of millions of dollars of loans to the Trump Organization -- is at the center of a delicate loan-restructuring discussion at Deutsche Bank AG, which is under investigation on several fronts by the U.S. Department of Justice.