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Mark Lennihan | AP
In this April 2010 archive photo, Donald Trump, left, President and CEO of the Trump Organization, cuts the ribbon with his children Eric, Ivanka and Donald Trump, Jr. right, at the opening of Trump SoHo New York.
The Attorney General's Office in New York is investigating links between Deutsche Bank and Investors Bank and several Trump Organization projects, the New York Times reported on Monday.
The Attorney General's office has issued subpoenas on Monday to banks, which opens a new investigation into Deutsche Bank's relationship with Trump, the newspaper reported, citing an unidentified source.
The Committee on Democratic Intelligence and the Congressional Financial Services Committee explored the finances of the Republican president and his businesses, including his ties to Deutsche, one of the world's largest financial institutions.
Deutsche Bank has lent hundreds of millions of dollars to Trump Organization for real estate projects and is one of the few major lenders to grant significant loans to Trump after a series of bankruptcies in its hotels and casinos in the 1990s.
The newspaper said the new civilian investigation on Deutsche was triggered by Congressional testimony last month of Trump's former lawyer, Michael Cohen.
Cohen testified that Trump inflated the declared value of his assets in the financial statements. The former lawyer provided copies of the statements that he believed had been provided to Deutsche.
Investors Bank has been subpoenaed for documents regarding Trump Park Avenue, a project she had supported, The Times reported.
Neither the New York Attorney General's office nor Trump's representatives were available to comment early Tuesday. Representatives of Investors Bank could not be contacted immediately.
A spokesman for Deutsche Bank in Frankfurt declined to comment.
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