Aon PLC ends its relationship with the Trump organization according to sources.
The insurance broker's decision follows other financial services companies to break with President Trump and his company after a pro-Trump mob broke into the Capitol last Wednesday.
Aon has been the longtime broker of President Trump's company, dating back to long before he became president. The decision is believed to be a reaction to the violence in Washington.
On Tuesday, the New York-based Signature Bank said it would close President Trump's personal accounts with the bank and that it would not do business with any members of Congress. who voted against approving the results of the election college.
In a statement, the bank said: “Witnessing a rioter sitting in the US Senate and our elected representatives being told to seek protection under their seats is frightening and an insult to the Republic. We witnessed the President of the United States encouraging riots and refraining from calling in the National Guard to protect Congress in its service. "
President Trump should resign," the statement said.
In addition, according to a report in the New York Times on Monday, Deutsche Bank AG has decided not to do business with Trump or his company in the future. The German bank has been Mr. Trump's top lender for the past two decades, the newspaper reported.
Several large commercial insurance companies contacted by Business Insurance refused to comment on their business relationship with the Trump Organization, which controls Trump's real estate operations and other holdings.
Various executives in the insurance industry spoke out last week condemning the violence in Washington, and this week several industry firms said they would suspend their political contributions. Catalog