Thomas Bowers, who worked above Trump’s personal banker, was 55
By Ian Spiegelman | 27 November 2019
LOS ANGELES MAGAZINE — A former Deutsche Bank executive who reportedly signed off on some of the institution’s unorthodox loans to Donald Trump killed himself in his Malibu home on November 19. Thomas Bowers, the onetime head of Deutsche Bank’s American wealth-management division, where he oversaw Trump’s private banker, committed suicide by hanging, according to Los Angeles County Medical Examiner-Coroner’s office. Bowers was 55.
Trump’s relationship with Deutsche Bank — which lent him around $2 billion after most other institutions had forsaken him for his history of defaults and bankruptcies — has come under investigation by two Congressional committees and the New York Attorney General, who are hoping the bank can shed light on Trump’s elusive finances, according to the New York Times. At one point, Bowers had a close connection to those finances.
Rosemary T. Vrablic, a managing director at Deutsche Bank who became Trump’s private banker in 2010 after being introduced by her client, Jared Kushner, reported directly to Bowers. Vrablic reportedly helped Trump secure loans from her bank, which Bowers approved — including more than $100 million to buy his Doral resort in Miami — even after Trump and Deutsche had to settle messy litigation over a Chicago loan that went bad. […]
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