Former Deutsche Bank Executive Linked to Trump Loans Commits Suicide in Malibu

A former Deutsche Bank executive Tom Bowers, 55, known to have been one of many executives at the bank who signed off on controversial loans to Donald Trump, committed suicide in Malibu on November 19th. Bowers was leasing a property on Point Dume at the time of his death. Sources confirm he was found hanging on a terrace on the property by one of his adult children at approximately 6:30 am.

The Lost Hills Sheriff’s Department confirmed his death is being investigated as a suicide.

Bowers who has three children, was widowed in 2017, and reportedly became engaged this summer to a longtime Malibu local he had known since childhood. According to our sources, the two broke up shortly before Bowers committed suicide.

It is also reported that Bowers was having serious personal financial issues at the time of his death.

Trump’s relationship with Deutsche Bank has come under investigation by two Congressional committees and the New York Attorney General and although Bowers hasn’t been employed by Deutsche since at least 2015, according to one report, federal investigators have asked about Bowers and documents he might have. Another source who has knowledge of Deutsche Bank’s internal structure said that Bowers would have been the gatekeeper for financial documents for the bank’s wealthiest customers.

Bowers is the second Deutsche Bank executive to commit suicide.

This is a developing story.

Cece Woods

The Current Report Editor in Chief Cece Woods started The Local Malibu, an activism based platform in 2014. The publication was instrumental in the success of pro-preservation ballot measures and seating five top vote-getters in the Malibu City Council elections.

During the summer of 2018, Woods exposed the two-year law enforcement cover-up in the Malibu Creek State Park Shootings, and a few short months later provided the most comprehensive local news coverage during the Woolsey Fire attracting over 1 million hits across her social media platforms. Woods also founded Malibu based 90265 Magazine and Cali Mag devoted to the authentic southern California lifestyle.

Leave a Reply

Your email address will not be published.