The relationship has survived various scandals

Even Deutsche Bank has booted him.

Deutsche Bank became the latest large company to cut ties with Donald Trump, with the firm that has propped up the Trump Organization for two decades reportedly announcing it would no longer do business with the disgraced president.

The relationship has survived various scandals. In 2008, Trump sued the bank’s real estate division after he defaulted on a $40m repayment, used to fund the construction of the Trump International Hotel and Tower in Chicago. He accused Deutsche of co-causing the financial crisis and demanded $3bn in compensation.

Instead of dumping him as a client, Deutsche’s private wealth division stepped in and loaned him more money to pay off the existing debt. Deutsche has resisted efforts by Democrats in the House and Senate to explain its relationship with Trump – and to clarify if Russian state banks or entities underwrote some of his debts.

Totally normal business practice. “Oh you’re too broke to pay us back? Well in that case we’ll loan you more money – you can pay us out of that.”

But that was then. Now, astonished by his bad behavior, they have ushered him to the door.

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