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Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction

Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction

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#1 Wall Street Journal Bestseller * New York Times Bestseller

New York Times finance editor David Enrich's explosive exposé of the most scandalous bank in the world, revealing its shadowy ties to Donald Trump, Putin's Russia, and Nazi Germany.

On a rainy Sunday in 2014, a senior executive at Deutsche Bank was found hanging in his London apartment. Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much.

In "Dark Towers," award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law. Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs.

Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to Donald Trump. Over the next twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein.

"Dark Towers" is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality—the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank—and his son’s obsessive search for the secrets he kept.

Details of Book

ISBN13: 9780063044883
ISBN10: 0063044889
Language: English
Publisher: Custom House
Publication Year: 2020
Format: Paperback

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Untangling Deutsche Bank's scandalous historical and financial sins.

  • Who is this book for?

    This book is sure to catch your eye if you're interested in financial scandals and powerful institutions' dark histories. It reads like a gripping detective story, revealing the shadowy aspects of Deutsche Bank's past and how it intersected with global history. You'll find it fascinating if you enjoy uncovering the hidden stories behind major financial events and entities.

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