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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Finance

Robert Mueller Wants to Know About Deutsche Bank’s Relationship With Donald Trump

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Fortune Editors and Reuters
Fortune Editors and Reuters
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Fortune Editors and Reuters
Fortune Editors and Reuters
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December 5, 2017, 4:29 AM ET
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Special Counsel Robert Mueller has asked German lender Deutsche Bank (DB) to share data on accounts held by President Donald Trump and his family, according to reports from Bloomberg and Reuters Tuesday.

Germany’s largest bank received a subpoena from Mueller several weeks ago to provide information on certain money and credit transactions, the person added, confirming a report by German daily Handelsblatt published on Tuesday.

Read: Donald Trump: ‘Absolutely No Collusion’ Between Campaign and Russia

Deutsche Bank, which has loaned the Trump organization millions of dollars for real estate ventures, told Fortune it would not comment on any of its clients or on the legal proceedings.

Back in June, Deutsche had rejected demands in June by U.S. House Democrats to provide details of Trump’s finances, citing privacy laws. It stressed, however, that it would obey the law.

Read: Deutsche Bank Pressured to Come Clean on Trump

Mueller is investigating alleged Russian attempts to influence the 2016 U.S. presidential election and potential collusion by Trump aides.

Russia has denied meddling in the election and Trump has said there was no collusion.

Read: Michael Flynn Has Pleaded Guilty to Lying to the FBI

However, the investigation appears to be gathering momentum, after the decision of former National Security Adviser Michael Flynn to plead guilty on Friday to lying to the FBI about his contacts with Russian officials during the transition between the Obama and Trump administrations.

Bloomberg reported that Mueller’s team has also interviewed various White House staff in recent days, including former Chief of Staff Reince Priebus, former spokesman Sean Spicer and National Security Council chief of staff Keith Kellogg. It cited people familiar with the investigation.

 

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