Evidence shows that the same subsidiary of Deutsche Bank that was lending to Trump had at least $1 BILLION in apparent cash deposits from the Russian government to swap rubles for dollars.
I can't stress enough how disproportionate the liabilities to Russia were as of Oct 2013. Here's a chart: datawrapper.de/_/JH2zH/
One banking expert we talked to called it "stunning". This is the American subsidiary of a German bank and its liabilities to Russia were 26% of its entire portfolio.
The liabilities to Russia were more than those of the next three countries COMBINED. If the Russian government itself was a country, it would be #3 on the chart. Ahead of the United States.
For an American subsidiary of a German bank.
DB was fined $630M in 2017 for money laundering where "the counterparties were able to surreptitiously convert rubles into U.S. dollars using Deutsche Bank.” Today, we reveal for the first time that the Russian government was also converting rubles to dollars via DBTCA.
