Deutsche Bank Sought 'Whale' Client in Trump, Benefited from Relationship

Bank's revenue from Trump business increased from $13,000 in 2011 to projected $6 million in 2013, according to trial documents.

Deutsche Bank viewed former President Donald Trump as a 'whale' of a client and sought to do additional business with him, according to former Deutsche Bank executive Rosemary Vrablic's testimony in the ongoing civil fraud trial.
The bank's revenue from its business with Trump increased from approximately $13,000 in 2011 to a projected $6 million in 2013.
Trump's defense team has sought to show that the bank actually sought additional business from Trump, which Vrablic testified to.
Trump's relationship with Deutsche Bank is a core component of New York Attorney General Letitia James’ lawsuit against the former president, his business and several executives.
Judge Arthur Engoron has already found Trump and his business liable for fraud. The trial is addressing other claims, including conspiracy, insurance fraud and falsifying business records.