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Trump, Kushner's personal banker under review by Deutsche Bank over real estate deal
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Deutsche Bank is looking into the personal banker for White House adviser Jared Kushner and President Trump after it was revealed that she purchased a property in 2013 from a company partly owned by Kushner.
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The New York Times reported Sunday that included in Kushner's financial disclosures was a listing of income from the real estate company Bergel 715 Associates, which sold an apartment on Park Avenue in Manhattan to banker Rosemary Vrablic and two other Deutsche Bank employees. According to the disclosure, Kushner and Ivanka Trump, his wife and the daughter of the president, made between $1 million and $5 million from Bergel 715 Associates in 2019.
That income would have nothing to do with the 2013 property sale, according to the Times, but reveals the unusual nature of the 2013 transaction between Vrablic and Bergel 715 Associates, as banks usually prevent employees from doing business with clients to avoid perceived conflicts of interests.