Rosemary Vrablic, a managing director and senior banker in Deutsche Bank's wealth management division, has resigned, effective Dec. 31, Vrablic and Deutsche Bank said Tuesday. Vrablic became President Trump's private banker at the German lender in 2011, at a time when Trump was having difficulties borrowing money due to his history of defaulting on loans. Trump's son-in-law and senior adviser Jared Kushner, already a client of Vrablic's, introduced her to Trump.
"The reasons for Ms. Vrablic's abrupt resignation were not clear," The New York Times reports. But Deutsche Bank in August opened an internal investigation into a real estate deal in which Vrablic and a longtime colleague at the bank, Dominic Scalzi, invested in an apartment building partly owned by Kushner. Scalzi is also resigning at the end of the year.
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.
-
Why Bhutan hopes tourists will put a smile back on its faceUnder The Radar The 'kingdom of happiness' is facing economic problems and unprecedented emigration
-
7 beautiful towns to visit in Switzerland during the holidaysThe Week Recommends Find bliss in these charming Swiss locales that blend the traditional with the modern
-
The Week contest: Werewolf billPuzzles and Quizzes
-
US charges Indian tycoon with bribery, fraudSpeed Read Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
