Below is an extract of a post published on Metro titled "Banker who signed off Trump loans found dead after killing himself"
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Via: Metro
Thomas Bowers ran the financial division that issued loans to Trump (Picture: Facebook) A former Deutsche Bank boss who signed off hundreds of millions of dollars in loans to Donald Trump killed himself in his luxury Malibu home, it has been reported. Thomas Bowers was 55 and is believed to have hanged himself at his beachside home on November 19. During his time with the investment bank, Bowers oversaw Donald Trump’s personal private banker Rosemary Vrablic, who approved more than $300 million in high-risk loans to the then reality TV star, beginning in 2010. Bowers was not with Deutsche Bank at the time of his death, recorded as suicide by the Los Angeles County Coroner’s office. His last role had been on the board of directors at Opus Bank, which he left in 2018. I’ve learned that Tom Bowers, a former senior @DeutscheBank executive, died last week at 55 in Malibu, Calif. I knew him. It’s very sad. — David Enrich (@davidenrich) November 26, 2019 Bowers is survived by three children. His wife Abigail died in 2017. When Trump won the presidency in 2016, loan arrangements between Deutsche Bank and the real estate magnate came under intense scrutiny – becoming the subject of investigations by US government House Committees and the New York Attorney General. The New York Times reported Deutsche Bank took on Trump as a client, lending him billions, when other Wall Street institutes deemed the now president’s history of bankruptcy as ‘untouchable’. The bank was said to be looking to cash in on his profile and break into the highly competitive ultra-wealthy New York market by offering high-risk loans. In March, The New York Times reported how Vrablic reported directly to Bowers and was promised a $3million salary, considered high for such a role, when she joined in 2006. The bank was so proud of its appointment it issued a press release where Bowers said: ‘Rosemary (Vrablic) is widely recognized as one of the top private bankers to the US ultra high-net-worth community.’ Thomas Bowers and his wife Abigail Robinson Bowers, who died in 2017 (Picture: Facebook) Bowers was found dead in his Malibu home (Picture:Google Street View)As recently as 2015, during his presidential campaign, Deutsche Bank was lending to Trump as he continued to buy properties around the world. Vrablic attended his inauguration, sitting in the VIP section near the front of the crowd. There in nothing to suggest Bowers was or has been subject to any federal investigation or linked to any inquiry into wrongdoing. Equally there are no signs his suicide was connected to his professional life, Forensic News reported. Got a story for Metro.co.uk? Get in touch with our news team by emailing us at webnews@metro.co.uk. For more stories like this, check our news page.
