Trump’s Wealth, Once Spurned by Banks, Finds a New Home at Citi

The article discusses how Donald Trump's wealth, which was once overlooked by major banks, has now found a new home at Citigroup Inc. In the past, Trump's money was often spurned by banks due to his controversial business dealings and reputation. However, the article suggests that Citigroup has now embraced Trump's wealth, providing him with banking services and opportunities. The article highlights the shift in Citigroup's stance towards Trump, despite his previous difficulties in securing financial support from other institutions. It suggests that Citigroup's decision to work with Trump's wealth may be driven by the potential financial benefits, despite the potential reputational risks associated with the former US president. The article does not provide any specific details on the nature of the banking relationship between Citigroup and Trump, nor does it delve into the reasons behind Citigroup's change in approach. The focus is solely on the fact that Trump's wealth, which was once shunned by banks, has now found a new home at Citigroup.