Donald Trump’s favorite bank, Deutsche Bank, confirmed in public that it has copies of tax returns sought in a Congressional investigation related to the president and his family.
The bank, in a court filing Tuesday, blacked out the name of the person or people whose tax records it had, citing privacy rules, New York Times reported. It said it also has tax records “related to parties not named in the subpoenas but who may constitute ‘immediate family'” of people named in the requested document
Congress subpoenaed Deutsche Bank and Capital One earlier this year requiring them to hand over financial records they had involving Trump and his three oldest children. Trump filed a lawsuit to block those subpoenas.
Trump borrowed more than $2 billion from the German bank over 20 years despite multiple “red flags” waved by other banks and its own internal investigations between the late 1990s and 2016.
The New York Times interviewed 20 Deutsche executives and board members who talked about the red flags.
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“Based on Deutsche Bank’s current knowledge and the results of the extensive searches that have already been conducted, the Bank has in its possession tax returns,” Deutsche Bank told the court Tuesday, CNN reported.
