In late December, when the Trump administration permitted five global banks to continue managing corporate retirement plans even after they had pleaded guilty to criminal charges relating to errant currency trading practices, it went almost unnoticed amid the holiday season’s distractions. The administration was also not seen as going out of the way to favor the banks; it merely gave formal effect to the Obama administration’s proposals to grant the banks long-term waivers, as the Wall Street Journal reported . But experts at Wharton and elsewhere pointed out at least two disconcerting aspects about the waivers granted by the Department of Labor. One was the timing of the move, raising suspicions that the government may have sought to sneak it through during the holiday rush. The second was the waiver granted to Deutsche Bank, which happens to have close banking relationships with President Trump. Trump owed Deutsche Bank about $130 million, according to a report last June from the U.S.…