Are there any ongoing investigations into Deutsche Bank's Trump dealings?
Executive summary
Yes — multiple inquiries into Deutsche Bank’s relationship with Donald Trump have been active in recent years: congressional committees issued subpoenas and said they were investigating possible money‑laundering, illicit deals and foreign influence [1] [2], New York state civil litigation has centered on Deutsche Bank’s lending to Trump with executives testifying in 2023–2024 [3] [4], and federal and local authorities have scrutinized the bank in prior probes that led to enforcement actions [5].
1. Congressional probes: subpoenas, legal fights and stated investigative aims
House committees subpoenaed Deutsche Bank for detailed records related to Trump and his businesses and explicitly described investigations into potential money laundering, illicit financial deals, fraud and foreign influence stemming from testimony such as Michael Cohen’s, triggering court battles over the scope of congressional investigatory power [1] [2].
2. State civil enforcement and courtroom scrutiny: New York’s case and courtroom evidence
New York Attorney General Letitia James’ $250 million civil fraud case put Deutsche Bank documents and internal credit reports on display at trial, with former bank executives testifying about how the bank valued Trump assets and the extent to which it relied on his financial statements — evidence that underpins ongoing civil remedies even as some witnesses defended the bank’s processes [3] [4] [6].
3. Criminal and regulatory history: prior probes, penalties and lingering scrutiny
Deutsche Bank has been the subject of federal and local probes in the past and reached a settlement in which it paid to resolve certain enforcement matters, demonstrating prior regulatory concern about its controls even as the bank said it was cooperating with authorized investigations [5] [7].
4. Questions about anti‑money‑laundering practices and SARs: congressional and Senate attention
Reporting and subsequent congressional and senatorial inquiries have focused on internal alerts and the bank’s decision‑making about whether to file suspicious activity reports on Trump‑related transactions, prompting senators to demand explanations about the role of the bank’s special investigations unit and escalation processes [8] [9].
5. Litigation over access to records and separation‑of‑powers rulings
The legal fight over bank subpoenas reached the Supreme Court arena and prompted new standards for congressional subpoenas involving the President; courts have remanded aspects of those disputes back to lower courts for further application of the standards, ensuring litigation over access to Deutsche Bank records has been and remains an active legal front [2] [10].
6. Deutsche Bank’s posture and the limits of public reporting
Deutsche Bank has publicly said it takes compliance seriously, that it has increased anti‑financial‑crime staff and that it responds to authorized investigations, and its spokespeople have cautioned that internal alerts do not always result in escalation — statements that the bank and its lawyers have reiterated as litigation and regulatory pressure mounted [1] [7]. Public reporting, court filings and trial testimony document active investigations and legal proceedings, but available sources do not permit a comprehensive, up‑to‑the‑minute accounting of every investigative thread or any sealed law‑enforcement inquiries not disclosed publicly [3] [5].
Conclusion: direct answer and caveat
Directly: yes — congressional committees have ongoing investigatory activity and subpoenas relating to Deutsche Bank’s dealings with Trump [1] [2], New York’s civil litigation has involved Deutsche Bank documents and testimony [3] [4], and the bank has faced prior regulatory enforcement and ongoing scrutiny [5]. However, public sources reflect litigation and disclosed probes rather than a single consolidated “investigation into Deutsche Bank’s Trump dealings,” and reporting cannot rule out additional confidential or sealed inquiries not visible in the cited records [3] [5].