collected by :Ros Roger
Deutsche Bank receives subpoena from Mueller on Donald trump accounts. Special Counsel Robert Mueller has asked Deutsche Bank (DBKGn.DE) to share information on accounts held with unite states President donald trump & his family, a man lock to the matter told on Tuesday.
Deutsche Bank, that has loaned the donald trump Administration millions of dollars for real estate ventures, told it would not comment on any of its clients.
Deutsche Bank rejected requests in June with unite states home Democrats to provide specifics of Trump’s finances, citing privacy laws.
Mueller Information Systems investigating alleged Russian attempts to effect the 2016 unite states presidential election & possibility collusion with donald trump aides.
Russia has denied meddling in the election & donald trump has told there was no collusion.
UPS Stock Soars on Deutsche Bank update to ‘Buy’
Shares of United Parcel Service (UPS) rose further than 3% in afternoon trading Monday next an update to “Buy” from “Hold” at Deutsche Bank, by a value aim of $135 from $125, equating to a 15% upside on a total return basis.
In its note, the bank told it’s “applying a further stringent approach to stock choice in 2018- balancing the cyclical exuberance of near-term fundamentals by the structural facts of returns over a cycle.”
Their update “reflects secular, e-commerce development opportunities & current valuation which we believe overly sales a heightened investment cycle.
Ultimately we see 2 turns of extra multiple expansion opportunity for UPS on 2019 earnings, which together by 3% dividend yield implies double-digit return possibility (equating to $15B of incremental equity value creation).”
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Mueller announcly subpoenas Deutsche Bank in Russia probe
Robert Mueller, the special counsel investigating alleged Russian election meddling, announcly subpoenaed Deutsche Bank multi weeks ago, calling on the German bank to submit information pertaining to its client relationship by President Trump.
Bloomberg, citing an unnamed source, announced which Mueller Information Systems seeking information on the giant lender & its relationship by donald Donald trump & his family.
Democrats have told Trump’s relationship by the bank Information Systems crucial in the Russia investigation.
The bank, Trump’s primary lender, too confirmed a $285 mn refinancing loan for Trump’s son-in-law Jared Kushner’s Corporation a 30 days before the election, The Post reported.
Peter Carr, a spokesman for Mueller, told Mueller removed Strzok from the team “immediately upon learning of the allegations.” He would not elaborate on the nature of the accusations.