Trump’s latest outburst shows he’s scared as yet another investigation closes in

New York Attorney Letitia James smiles during an inauguration ceremony in New York

Deutsche Bank said in a statement to CBS News, "We remain committed to cooperating with authorized investigations".

The New York Times was first to report on the subpoenas.

The investigation's scope is not yet known at this time, additional reporting from Bloomberg noted.

The new probe comes after Mr. Trump's former attorney and personal fixer Michael Cohen recently testified to Congress that the president had inflated assets to obtain a bank loan from Deutsche Bank, which is technically considered fraud, in order to purchase the Bills team, but that effort never came to fruition.

Cohen told a congressional committee that Trump gave false financial statements to Deutsche Bank to support his failed attempt to buy the Bills, which were sold to another bidder. The company's investment bank broke ties with Trump after the financial crisis, after he had a loan default and sued the bank, according to the news service.

A person familiar with the matter says Monday's subpoenas seek loan applications, mortgages and other records.

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Deutsche Bank has also been fined in recent years for its involvement in Russian money-laundering schemes.

Neither the NY attorney general's office nor Trump representatives were available for comment early Tuesday.

Investors Bank and the Trump Organization didn't immediately respond to requests for comment late Monday. Trump businesses have borrowed over $300 million from Deutsche Bank to finance the company's Florida golf course and hotels in Chicago and Washington, according to financial disclosures and public filings from 2012 to 2015.

"I will be shining a bright light into every dark corner of his real estate dealings, and every dealing, demanding truthfulness at every turn", she said in her election victory speech in November, according to the Times. The previous acting attorney general already humiliated the president by filing a lawsuit against and dissolving the Trump Foundation.

Deutsche Bank was Trump's go-to lender for decades, even as other commercial banks stopped doing business with him because of multiple bankruptcies. He also assailed Schneiderman's temporary successor, Barbara D. Underwood, and has referred to James as "yet another AG" who "openly campaigned on a GET TRUMP agenda".

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