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Trump’s Debts Are Widely Held on Wall Street, Creating New Potential Conflicts

More than 150 financial institutions hold debts connected to president-elect, analysis shows

The debts of President-elect Donald Trump and his businesses are scattered across Wall Street banks, mutual funds and other financial institutions, broadening the tangle of interests that pose potential conflicts for the incoming president’s administration.

Hundreds of millions of dollars of debt attached to Mr. Trump’s properties, some of them backed by Mr. Trump’s personal guarantee, were packaged into securities and sold to...

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