Thomas Bowers, previously the head of U.S. Wealth Management for Deutsche Bank, died last week in Malibu, Calif., according to ForensicNews.net. David Enrich, a New York Times reporter who’s soon to publish a book based on his reporting on the bank and its relationship with President Donald Trump, tweeted about Bowers’ death last night, saying he knew Bowers and that the news was “very sad.”
According to a California coroner’s report first cited by ForensicNews, Bowers died on Nov. 19, and the cause was suicide by hanging.
In a March 2019 Times article, Enrich described how relationships between Trump and the bank’s commercial real estate and investment banking divisions soured before he met Rosemary T. Vrablic, a managing director at Deutsche Bank and part of its burgeoning private wealth division. Jared Kushner, the president’s son-in-law and a senior advisor, was a client of Vrablic, and he introduced her to Trump when he was seeking a loan to purchase the Doral Golf and Spa. According to the Times, Vrablic and Bowers both agreed to a loan from Deutsche’s private wealth division that would help him pay down a loan due to Deutsche’s investment banking division.
According to Enrich, Vrablic’s role and stature in the bank enabled her to “bypass a layer of management” in order to report directly to Bowers. The president’s business dealings with the international bank have come under intensive scrutiny by members of Congress and the New York attorney general.
After leaving Deutsche Bank, Bowers joined Starwood Capital Group, eventually becoming its chief operating officer and managing director in 2015, before joining Opus Bank’s Board of Directors in 2016 as a Starwood Capital representative.
Bowers’ Finra BrokerCheck profile, an unnamed party filed a complaint against Bowers and Deutsche Bank in Sept. 2018 seeking $7,700,000 in alleged damages. According to the dispute, in 2013 Bowers and the bank were alleged to have “breached their fiduciary duties by misrepresenting the nature, risks and characteristics associated with Claimants’ investment in an off-shore structured note.” The dispute is listed as still pending. Deutsche Bank did not return calls for comment as of press time. A spokesperson for FINRA said there was no more information available on the dispute.
Take a look at our comprehensive guide to the best and most popular information ebooks and products available today on Detoxing, Colon Cleansing, Weight Loss and Dating and Romance. They are all in one spot, easy to find and compere to make a quick selection for the product that best fits your needs or wants.
So browse through a category and make your preferred selection and come back here to read more choice articles and get a few more helpful tips on ways to help your enhancement.
As an Amazon Associate I earn from qualifying purchases. “saubiosaubiosuccess.com is a participant in third party affiliate and advertising programs; The Amazon Services LLC Associates Program, Awin network, and other affiliate advertising programs are designed to provide a means for sites to earn advertising fees and commissions by advertising and linking to products on other sites and on Amazon.com. Amazon and the Amazon logo are trademarks of Amazon.com, Inc, or its affiliates.”
We use anonymous cookies and various 3rd-party services to optimise and to offer you a better, more personalised, browsing experience with advanced accessibility enhancements.
Dismiss
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
