Banks halt business with Trump after U.S. Capitol riots

submitted by Nemacolin from nbcnews.com

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[–]bjam27 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

He's a billionaire and the top real estate developer in the entire world, they'll be begging to be involved in his deals in 2 weeks.

[–]Nemacolin[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Well, imagine that.

Two banks linked to President Donald Trump halted business with him in the aftermath of Wednesday’s U.S. Capitol riots, officials said Monday.

A spokeswoman for Signature Bank, where Trump had $5.3 million, said the business was shuttering two of his personal accounts and calling on him to resign.

“We have never before commented on any political matter and hope to never do so again,” the bank said in a statement.

The spokeswoman added that the bank, which is based in New York, pledged not to do business with other lawmakers “who voted to disregard the Electoral College.”

Deutsche Bank is also refraining from further business with the president and his company, according to a person familiar with the matter.

The development was first reported by the New York Times.