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The Department of Justice is investigating Deutsche Bank's possible role in a $10 billion Russian money laundering scheme (and the bank has already paid out over $670 million in civil penalties to U.S. and United Kingdom regulators this year relating to Russian trades), and it looks like Mueller is digging into any potential connections between that investigation and his inquiry into the Trump camp.

Mr Mueller is investigating alleged Russian attempts to influence the election, and potential collusion by Trump aides.

Mueller, of course, is looking for a Russian Federation connection with this subpoena, but Trump and his lawyers are unlikely to be sympathetic to that interpretation, and will likely cast it as an unreasonable intrusion into the president's personal life - part of the "witch hunt" the president keeps decrying.

A USA official with knowledge of Mr Mueller's probe said one reason for the subpoenas was to find out whether Deutsche Bank may have sold some of Mr Trump's mortgage or other loans to Russian state development bank VEB or other Russian banks that now are under U.S. and European Union sanctions. This was the middle of the financial crisis, a fact Trump tried to leverage in court, arguing he should not have to repay money he owed Deutsche Bank because it was "one of the banks primarily responsible for the economic dysfunction we are now facing". Those reports were disputed by White House spokeswoman Sarah Huckabee Sanders and Trump's personal lawyer.

Germany's largest bank received a subpoena from Special Counsel Robert Mueller several weeks ago to provide information on certain money and credit transactions, the person said, without giving details, adding that key documents had been handed over in the meantime. But the Deutsche Bank subpoena may indicate that the special prosecutor is still looking at a wide range of data, including the president's financial dealings.

A source close to Deutsche Bank said the bank had run checks on Trump's financial dealings with Russian Federation.

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Trump also has mortgages with the bank on his Trump National Doral Miami golf course and has borrowed off Trump Tower Chicago.

It's clear, Harding tells Rolling Stone, that Deutsche Bank Moscow "was compromised" and did this "unseemly, Faust-like deal with VTB to make very big profits, very quickly and to stun its rivals in Moscow, other investment banks, just by having the right people with the right FSB connections". I think that's a violation.

Deutsche Bank is not the only Trump-related business interest that is attracting the attention of investigators.

All of those loans were taken out in 2012 and will mature in 2023 and 2024, according to the disclosure.

Internal Deutsche Bank documents seen by Reuters feature the names of Trump's former campaign manager Paul Manafort and his wife, Kathleen, in a series of client profiles. In fact, Trump went on, because of the bank's role in creating this "once-in-a-century credit tsunami", Deutsche Bank owed him money, to the tune of $3 billion in damages.