Manhattan prosecutors have subpoenaed Deutsche Bank in Trump probe: report

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Manhattan prosecutors who are seeking President Donald Trump’s tax returns as part of a criminal probe into the Trump Organization have subpoenaed Deutsche Bank AG , Trump’s longtime lender, the New York Times reported Wednesday. That could indicate a wider investigation into Trump’s business practices. Last year, the Manhattan district attorney’s office subpoenaed Trump’s bank records dating back to the 1990s, the Times reported, adding that the bank had complied with the subpoena. Deutsche Bank has lent Trump and his company about $2 billion over the past two decades, the Times said. Earlier this week, the Manhattan D.A.’s office disclosed it was investigating “extensive and protracted criminal conduct at the Trump Organization.”Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.