>
Article snippet: Deutsche Bank says that U.S. privacy laws prevent it from disclosing details about President Trump’s finances and his potential ties to Russia. Five House Financial Services Committee Democrats sent Deutsche’s chief executive officer, John Cryan, a letter in May seeking information on Trump’s past transactions. The committee asked for details on whether Russia’s government backed loans for Trump’s real estate business. Deutsche responded Thursday, nearly a week past the deadline described in the letter to the bank, saying it couldn't share the information due to privacy rules. “We hope that you will understand Deutsche Bank’s need to respect the boundaries that Congress and the courts have set in an effort to protect confidential information,” lawyers for the bank from Akin Gump Strauss Hauer & Field wrote in the message, according to Reuters. Rep. Link to the full article to read more