Deutsche Bank loaned more than $2 billion to Donald Trump before he became U.S. president — despite multiple red flags surrounding Trump, The New York Times reported on Monday.
The Times interviewed more than 20 former and current executives and board members at Deutsche Bank for the report, which outlined how Trump managed to secure financing from the German bank for nearly two decades despite his bankruptcies and being considered a risky client by other lenders.
Over the years, Trump used loans provided by Deutsche Bank to build skyscrapers and other high-end properties, the Times reported.
Read more at CNBC.
{Matzav.com}
