Rosemary Teresa Vrablic (born 1960/1961) is an American banker who worked as the managing director and senior private banker of

Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...

's U.S.

private wealth management Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high- ...

(PWM) business. In 2013, Vrablic was managing assets valued at $5.5 billion on behalf of about 50 clients, 40% of whom had made their money in real estate. Her high-net-worth clients include Herbert Simon, the billionaire owner of the Indiana Pacers, and

Jared Kushner Jared Corey Kushner (born January 10, 1981) is an American businessman and investor. He served as a senior advisor to 45th U.S. president Donald Trump, his father-in-law. Since leaving the White House, Kushner founded Affinity Partners, a pri ...

. According to the New York times and the Financial Times, she was "

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of P ...

’s longtime private banker" before her resignation from Deutsche Bank in December 2020.

Early life

Vrablic grew up in New York, the daughter of Joseph S. Vrablic (died 2005) and Bernice Vrablic. She attended

The Ursuline School The Ursuline School is an American all-girls', independent, private, Roman Catholic middle and high school located on a campus in New Rochelle, New York, in Westchester County. The school was founded in 1897 by the Order of St. Ursula. The s ...

New Rochelle New Rochelle (; older french: La Nouvelle-Rochelle) is a city in Westchester County, New York, United States, in the southeastern portion of the state. In 2020, the city had a population of 79,726, making it the seventh-largest in the state o ...

, New York, and earned a bachelor's degree from Fordham University and an MBA from

Pace University Pace University is a private university with its main campus in New York City and secondary campuses in Westchester County, New York. It was established in 1906 by the brothers Homer St. Clair Pace and Charles A. Pace as a business school. Pace ...

Career

Vrablic began her career as a

bank teller A bank teller (often abbreviated to simply teller) is an employee of a bank whose responsibilities include the handling of customer cash and negotiable instruments. In some places, this employee is known as a cashier or customer representative. ...

, before moving into

private banking Private banking is banking, investment and other financial services provided by banks and financial institutions primarily serving high-net-worth individuals (HNWIs)—defined as those with very high levels of income or sizable assets. A bank that ...

in 1989, working for Citigroup and then

Bank of America The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank ...

, joining

in 2006. She got her start in private banking in 1989 when she was still a bank teller, living with her parents in Scarsdale, New York, after a chance two-hour train conversation with Howard Ross, the then-chief credit officer of Bank Leumi. On joining Deutsche Bank in 2006, she was widely recognized as one of the top private bankers to the US ultra high-net-worth community. Vrablic announced her retirement from Deutsche Bank on December 22, 2020, at the age of 60. She said in a statement, "I’ve chosen to resign my position with the bank effective Dec. 31 and am looking forward to my retirement."

Notable Clients

Donald Trump

According to the New York Times and the Financial Times, Vrablic was the "private banker" to Donald Trump. Prior to her arrival at Deutsche Bank, Trump had been unable to secure loans from Deutsche Bank as a result of having defaulted in 2008 on a $640 million from the bank for Trump International Hotel and Tower in Chicago. Under Vrablic's direction, the wealth management unit at Deutsche Bank ultimately loaned Trump more than $330 million dollars.

Jared Kushner

In 2017,

and his mother had a personal unsecured

line of credit A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A line of credit takes s ...

from the bank for $5 to $25 million. In 2016, the bank loaned

Kushner Companies Kushner Companies LLC is an American real estate developer in the New York City metropolitan area. The company's biggest presence is in the New Jersey residential market. A study published in December 2017 by ''Bloomberg News'' indicated that ...

$285 million to buy several floors of The Times Square Building from

Africa Israel Investments Africa Israel Investments Ltd. (AFI Group) is an international holding and investment company based in Yehud, Israel. The group consists of several private and public companies active in areas such as real estate, construction, infrastructure, ...

. Kushner also issued a

mortgage-backed security A mortgage-backed security (MBS) is a type of asset-backed security (an 'instrument') which is secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment b ...

for the

Puck Building __FORCETOC__ The Puck Building is a historic building located in the Nolita neighborhood of Manhattan, New York City. It occupies the block bounded by Lafayette, Houston, Mulberry and Jersey Streets. An example of the German Rundbogenstil style o ...

through Deutsche Bank. In June 2013, a company associated with Kushner sold an apartment on Park Avenue to Ms. Vrablic and another Deutsche Bank colleague for approximately $1.5 million. Other clients Vrablic's other clients included Stephen M. Ross and Herbert Simon.

References

{{DEFAULTSORT:Vrablic, Rosemary American bankers Fordham University alumni Living people Pace University alumni Businesspeople from New York City Year of birth missing (living people) 1960s births Deutsche Bank people