President Donald Trump and his son-in-law Jared Kushner‘s private bankers have Deutsche Bank have resigned.
“Rosemary Vrablic and Dominic Scalzi have tendered their resignations to Deutsche Bank effective as of year-end, which was accepted by the bank,” Daniel Hunter, a spokesman for the bank said in a statement.
The pair have worked closely for years, and Vrablic has long been credited with establishing Trump’s longstanding relationship with the bank, and had assumed being the Trump’s point of contact in the private side of lending.
The bank has loaned the Trump Organization over $300 million.
Vrablic said in a statement that she will be retiring.
“I’ve chosen to resign my position with the bank effective December 31 and am looking forward to my retirement,” she said.
An investigation by the Manhattan District Attorney’s office into the Trump Organization’s finances is currently ongoing. A couple of Deutsche employees have been interviewed in recent weeks in relation to the inquiry.
The investigators are looking into, among other things, allegations that the Trump Organization was attempting to defraud lenders by inflating the values of certain assets.
Both the bank and Vrablic have said they would cooperate with any investigation.
