Deutsche Bank Executive Who Signed Off On $2Billion Loan To Donald Trump Commits Suicide: Report
Thomas Bowers, a former Deutsche Bank executive who signed off on several controversial loans to Donald Trump was found dead at his Malibu home. Authorities ruled his death a “suicide,” The Daily Mail reports.
The L.A. County Coroner’s Office confirmed in its ruling that Bowers, 55, died as a result of suicide by hanging, according to the report.
Bowers is among a handful of people who signed off on loans totaling $2billion to Trump in the decades before he became president, even after other institutions turned him down.
The late executive was the head of the American wealth-management division at one time and oversaw Rosemary T. Vrablic, Trump’s private banker.
After Trump took office, Deutsche Bank came under intense scrutiny for its loans to the then-businessman, which were given despite warning signs that he was undesirable to other institutions.
Citing a report by The New York Times, The Mail stated that Deutsche Bank was giving Trump loans as recently as 2015, during his presidential campaign, to buy properties around the world. He got $300million Under Vrablic.