The Trump Organization had already been facing considerable financial challenges. Many of its golf and resort properties had been losing money, and the pandemic had forced it to close some restaurants and bars and drastically reduce hotel occupancy, including at its hotel a few blocks from the White House. And with more than $300 million in debt coming due in the next few years that the president has personally guaranteed, there had been some urgency for the company to line up new deals.

While such an array of challenges would spell doom for just about any hospitality brand, executives of the Trump Organization said they planned on cashing in on Mr. Trump’s global fame with overseas branding deals…

Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, has decided not to do business with Mr. Trump or his company in the future, according to a person familiar with the bank’s thinking. Mr. Trump currently owes Deutsche Bank more than $300 million, which is due in the next few years.