Prosecutors investigating Donald Trump’s business dealings have received a trove of information about the US president’s finances from Deutsche Bank, it has been revealed.
The criminal investigation into the property mogul’s finances was previously thought to have been focused around hush-money payments to two women made in 2016.
But revelations about Deutsche Bank’s involvement suggest the case is “more wide-ranging than previously known”, The New York Times reports. Court filings published on Monday refer to “possible criminal activity at plaintiff’s New York county-based Trump Organization dating back over a decade”.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The US president has faced several allegations of tax-dodging since he took office and has fought tooth and nail to keep his financial records out of the public eye. The resulting court battles have been a fixture of his White House tenure.
“Deutsche’s cooperation contrasts with numerous other attempts to access Trump’s financial records... that have been blocked by successful legal challenges,” The Guardian reports.
The German bank, which has lent Trump companies more than $2bn (£1.5m) over the last 20 years, complied with a subpoena issued last year by the Manhattan district attorney’s office, handing over wads of financial information in the process.
Mazars, the global accountancy firm, was also subpoenaed last year as part of the attorney office’s six-year pursuit of the president’s tax returns.
Last week Trump’s legal team submitted an "amended lawsuit”, Fox Business reports, arguing that the “request for his tax returns and other materials was ‘overbroad’ and issued ‘in bad faith’.”
On Monday, he labelled the entire investigation “a continuation of a witch hunt”.
-
Confessions of a Brain Surgeon: an 'exceptional' documentaryThe Week Recommends Retired neurosurgeon Henry Marsh reflects on his pioneering work with exquisitely 'raw honesty'
-
A new subtype of diabetes was found and it may require different treatmentUnder the radar It is prevalent in Black Africans and Americans
-
Crossword: August 20, 2025The Week's daily crossword
-
Judges: Threatened for ruling against TrumpFeature Threats against federal judges across the U.S. have surged since Donald Trump took office
-
The census: Why Trump wants a new oneFeature Donald Trump is pushing for a 'Trumpified census' that excludes undocumented immigrants
-
Trump warms to Kyiv security deal in summitSpeed Read Ukrainian President Volodymyr Zelenskyy called Trump's support for guaranteeing his country's security 'a major step forward'
-
Trump extends power with D.C. police takeoverFeature Donald Trump deploys 500 law enforcement officers and 800 National Guard members to fight crime in Washington, D.C.
-
DC protests as Trump deployment ramps upSpeed Read Trump's 'crusade against crime' is targeting immigrants and the homeless
-
Ukraine, European leaders to meet Trump after Putin talksSpeed Read Trump meets with Ukrainian President Volodymyr Zelenskyy today following talks with Russian President Vladimir Putin last week
-
Trump and Modi: the end of a beautiful friendship?In the Spotlight Harsh US tariffs designed to wrest concessions from Delhi have been condemned as 'a new form of imperialism'
-
Man charged for hoagie attack as DC fights takeoverSpeed Read The Trump administration filed felony charges against a man who threw a Subway sandwich at a federal agent
