Former President Trump
Donald Trump Pelosi urges Newsom to choose Schiff for next California AG: Palm Beach attorney reports Trump should be able to live on Mar-a-Lago Trump helipad in Mar-a-Lago to to be demolished MOREThe Deutsche Bank banker lost her job in December after an internal investigation revealed that she had failed to properly disclose that she was doing business with a client.
According to regulatory documents released Wednesday to the Financial Industry Regulatory Authority, Rosemary Vrablic, a senior private banker at the firm and a managing director on the asset management team, “has been engaged in covert activities related to a real estate investment … of the real estate of a customer-managed entity and the creation of an unapproved outside entity to hold the investment. “
According to the data, Vrablic was allowed to “resign”.
The internal review focused on a deal that Vrablic had struck with Bergel 715 Associates in 2013. The probe was sparked in response to a report in the New York Times that Vrablic and two of her employees bought an apartment in Manhattan for $ 1.5 million.
Trump and Jared Kushner
Jared Corey Kushner Jared Kushner, Ivanka Trump report M earnings drop Biden pledges no family members will work in the White House Dershowitz nominates Kushner, Nobel Peace Prize assistant MORE, his son-in-law and former senior adviser, had reportedly already borrowed about $ 200 million from Deutsche Bank. Kushner had a small ownership stake in Bergel 715 Associates, according to a financial disclosure report he filed in 2020.
Wednesday’s announcement was not immediately clear whether Kushner’s involvement in the transaction played a role in Vrablic’s resignation.
Vrablic reportedly worked on the deal with Dominic Scalzi, one of her bankers, and with Scalzi’s cousin, another Deutsche Bank employee. The bank released an identical statement regarding Scalzi’s resignation in December, even though his cousin had already left the bank by the time his uncle was impeached.
Deutsche Bank, reportedly as a result of Vrablic’s efforts, got stuck with Trump as he was largely shunned from the financial world for his history of bankruptcy. However, the bank decided last year that it would cut ties with the former president and his company.