It has just come to light that a former Deutsche Bank executive who signed off on some of the institution’s questionable loans to Donald Trump recently killed himself in his Malibu home. Thomas Bowers, the onetime head of Deutsche Bank’s
American wealth-management division, committed suicide by hanging, according to Los Angeles County Medical Examiner-Coroner’s office. Bowers was 55.
Bowers isn’t the first Trump-connected Deutsche exec to unexpectedly commit suicide. In 2014, Deutsche derivatives analyst William Broeksmit, who had links to Trump and Russia, hung himself from a dog leash at his home in London. Broeksmit reportedly left notes expressing anxiety over investigations of the area of banking where he worked. It was later revealed that Broeksmit became ensnared in numerous investigations pertaining to potential criminal activity with respect to LIBOR fixing and illegal trading. The whereabouts of work-related financial documents found at the scene of Broeksmit's suicide remain unclear.
Trump’s relationship with Deutsche Bank—which lent him around $2
billion after most other institutions had abandoned him after his long string
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, who was Trump’s
private banker after 2010, reported directly to Bowers. Bowers approved loans including more than
$100 million to buy his Doral resort in Miami—even after Trump and
Deutsche had to settle litigation over a Chicago loan that went
bad.
Bowers hasn’t been employed by Deutsche since at least 2015, when he joined Starwood Capitol Group as COO, and was then appointed to the Board of Directors of Opus Bank in 2016.
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