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Donald Trump’s long-time banker Rosemary Vrablic resigns from Deutsche Bank

  • Her departure comes as the German lender looks for ways to cut ties with the outgoing US president
  • Vrablic had arranged for Deutsche Bank to grant hundreds of millions of dollars of loans to Trump’s company

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US President Donald Trump attends a ceremony at the White House on December 3. Photo: AFP
Reuters

Donald Trump’s long-time 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 US president.

Rosemary Vrablic, a managing director and senior banker in the lender’s wealth management division, recently handed in her resignation, which the bank accepted effective as of year-end, Deutsche Bank spokesman Dan Hunter said in an emailed statement.

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.

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The resignation of another long-time colleague of Vrablic, Dominic Scalzi, has also been accepted by the bank, Hunter said, without mentioning reasons for the resignations.

People walk past a Deutsche Bank office in London in July 2019. Photo: Reuters
People walk past a Deutsche Bank office in London in July 2019. Photo: Reuters
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Vrablic and Scalzi both joined Deutsche Bank in 2006 from Bank of America.

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