Rosemary Vrablic
Rosemary Teresa Vrablic | |
|---|---|
| Born | Template:Birth based on age as of date |
| Nationality | American |
| Education | Fordham University (BS) Pace University (MBA) |
| Occupation | Banker |
| Title | Former managing director and senior private banker, Deutsche Bank U.S. |
Rosemary Teresa Vrablic (born 1960/1961) is an American banking professional who held the position of managing director and senior private banker within Deutsche Bank's U.S. private wealth management (PWM) sector. By the year 2013, she oversaw approximately $5.5 billion in client assets across nearly 50 accounts, with around 40% of these clients connected to the real estate industry. Her portfolio included high-net-worth individuals such as billionaire real estate magnate Herbert Simon and Jared Kushner. She was recognized as "Donald Trump’s longtime private banker" prior to her departure from Deutsche Bank in December 2020.
Early life
Raised in New York, Vrablic is the daughter of Joseph S. Vrablic and Bernice Vrablic. She completed her secondary education at The Ursuline School in New Rochelle, New York, earned a Bachelor of Science degree from Fordham University, and obtained an MBA from Pace University.
Career
Starting her professional journey as a bank teller, Vrablic transitioned into private banking in 1989. Her career path included roles at Citigroup and Bank of America, before she joined Deutsche Bank in 2006. She established herself as a prominent private banker serving the ultra high-net-worth population in the United States. Vrablic concluded her tenure at Deutsche Bank on December 31, 2020, retiring at age 60.
Donald Trump
Vrablic was known as Donald Trump's "private banker." Prior to her involvement, Trump had defaulted on a $640 million loan from Deutsche Bank in 2008 related to the Trump International Hotel and Tower in Chicago. During her time managing his accounts, Deutsche Bank’s wealth management division extended loans exceeding $330 million to Trump.
Jared Kushner
In 2017, Jared Kushner along with his mother maintained an unsecured personal line of credit with Deutsche Bank valued between $5 million and $25 million. The bank provided a $285 million loan to Kushner Companies in 2016 for purchasing multiple floors within The Times Square Building. Additionally, Kushner utilized Deutsche Bank to issue a mortgage-backed security for the acquisition of the Puck Building. In a separate transaction dating back to 2013, an entity associated with Kushner sold a Park Avenue apartment to Vrablic and another Deutsche Bank colleague for roughly $1.5 million.
Other clients Among Vrablic’s distinguished clients were notable personalities such as Stephen M. Ross and Herbert Simon.