Ben Squires
Money & Banking

Why Donald Trump's bank records are being probed

Special Counsel Robert Mueller has reportedly asked Deutsche Bank, Germany’s largest bank, to share data on the accounts held by US President and his family.

Mueller reportedly sent a subpoena to the financial institution, requesting information on certain money and credit transactions, according to a person close to the matter cited in a report published in German newspaper Handelsblatt.

Deutsche Bank has loaned the Trump organisation millions for real estate ventures, but has previous rejected demands from the US house Democrats to provide details regarding President Trump’s finances, citing stringent privacy laws.

Mr Mueller is investigating Russian attempts to influence the 2016 US presidential election. Russia has denied meddling, as has the leader of the free world.

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finance, Money & Banking, Donald Trump, US president, Trump, President Trump, Robert Mueller