Deutsche Bank has opened an internal investigation into the longtime personal banker of President Donald Trump and his son-in-law, Jared Kushner, over a 2013 real estate transaction between the banker and a company part-owned by Kushner.
In June 2013, the banker, Rosemary Vrablic, and two of her Deutsche Bank colleagues purchased a Park Avenue apartment for about $1.5 million from a company called Bergel 715 Associates, according to New York property records. Kushner disclosed in an annual personal financial report Friday that he and his wife, Ivanka Trump, had received $1 million to $5 million last year from Bergel 715. A person familiar with Kushner's finances said he held an ownership stake in the entity at the time of the transaction with Vrablic.
Typically banks restrict employees from doing personal business with clients because of potential conflicts.
New York Times