President Trump’s longtime banker at a Dutch bank set up for a German lender Billions of dollars in debt To his company, stepping down from the bank.
Rosemary Wrablick, Managing Director and Senior Banker Wealth Management Division of the Dutch BankBank spokesman Daniel Hunter said the bank had recently accepted her resignation.
“I have decided to resign from the bank, which will take effect on December 31, and I look forward to my retirement,” the 60-year-old said in a statement.
The reasons for Ms. Wrablick’s resignation and her longtime colleague Dominic Scholesy are unclear. Dutch Bank in August An internal review opened Trump’s nephew, Mrs.
Miss. Wrablick and Mr. Scholesy joined Dutch Bank in 2006 from Bank of America. Miss. Wroclaw has made a name for itself as one of the leading mobile manufacturers in its division. In 2011, they landed a major new client: Trump, for decades the mainstream banking world had no limits because of the tendency to repay loans. With the approval of his superiors, Miss. Wroclaw has agreed to a $ 300 million loan for the newly acquired Doral Golf Resort in Florida. His dilapidated Chicago school building And the conversion of the old post office building in Washington into a luxury hotel.
When Trump became president, his Relationship with the Dutch Bank Came under the microscope of regulators, prosecutors and congressional Democrats. Ms. Wrablick’s role in the sudden controversy – she was a VIP guest at Mr. Trump’s inauguration – drew the attention of the publicity shy banker.
The relationship between Trump and the German bank is the subject of congressional, civil and criminal investigations. Manhattan District Attorney Cyrus Vance is investigating whether Trump committed financial crimes when he tried to get a loan from a Dutch bank.
Mr. Scholesy did not immediately respond to requests for comment.
This is a developing story. Check back for updates.