German Deutsche Bank, which is under investigation by the US Department of Justice and is facing intense regulatory scrutiny, was looking for evidence of whether recent loans to Trump, which were struck in highly unusual circumstances, may have been underpinned by financial guarantees from Moscow

The bank also examined accounts held by Ivanka Trump, the president’s daughter, her husband, Jared Kushner, who serves as a White House adviser, and Kushner’s mother

In recent years the disgraced bank has been hit by a series of scandals. Last month the UK and US imposed record fines of $630m. Deutsche failed to prevent money laundering by its Moscow branch involving at least $10bn of Russian cash, regulators found

In December Deutsche agreed to pay the department $7.2bn The fine related to the mis-selling of residential mortgage-backed securities and other activities  

Deutsche said it would not say anything about whether the review had found any links between Trump’s loans and Moscow