when business people go into politics there are always potential conflicts of interest: for president-elect donald trump an immediate one is deutsche bank . the troubled german bank has long been one of the biggest lenders to the trump business empire among domestic or foreign banks. they have had their battles in court, but while deutsche<u+2019>s investment bank no longer works with mr. trump, its private bank has continued to lend his businesses hundreds of millions, according to the wall street journal. right now deutsche bank is facing a host of tricky issues in the u.s., including the threatened $14 billion penalty over mortgage-bond investigations that would seriously damage the bank<u+2019>s capital base. there is also a probe related to equity trades for wealthy clients in russia, a country mr. trump appears friendly toward. the bank declined to comment. stock markets don<u+2019>t expect deutsche bank to benefit, however. its stock was down in the early afternoon on wednesday in line with other european banks. write to paul j. davies at paul.davies@wsj.com
why a trump victory could please deutsche bank  - wsj
paul j. davies