Updated Jan. 12, 2021 5:49 pm ET
The storming of the Capitol last week by a pro-Trump mob will ratchet up the pressure on President Trumpâs family business at a moment when some of his most lucrative assets were already suffering from the pandemic and facing looming debt payments.
One of the Trump Organizationâs most loyal partners, German lender Deutsche Bank AG , is moving to distance itself from the presidentâs businesses and is unlikely to lend it more money, said a person familiar with the matter. The bank has lent the Trump Organization more than $300 million that will mature in 2023 and 2024, forcing the company to refinance the debt or pay it off by potentially selling assets.