Signature Bank and the Trumps

USA Today recently ran a story detailing some real estate deals by Jared Kushner or Michael Cohen. The deals were financed by Signature Bank (SBNY), a member of our Buy List.

I want to make it clear that SBNY merely financed these deals. This doesn’t mean they organized the deals. USA Today describes Signature as a “bank tied to the Trump family.” That’s disingenuous. Ivanka Trump was on their Board from 2011 to 2013. Barney Frank, hardly a Trump fan, is currently on the Board.

Posted by on June 11th, 2018 at 3:33 pm


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