In the grand lobby of Trump international Hotel, (l-r), Donald Trump Jr., Eric Trump, U.S. Presidential candidate Donald J. Trump, Melania Trump, Tiffany Trump, and Ivanka Trump, cut the ribbon for their latest property, Trump International Hotel - Old Post Office, in Washington, DC on October 26, 2016.

Deutsche Bank loaned more than $2 billion to Donald Trump before he became president — despite multiple red flags surrounding his business dealings, The New York Times reported 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.

The Times report comes after Germany's two largest lenders, Deutsche Bank and Commerzbank, confirmed on Sunday that they were in talks about a merger. German-traded shares of both banks jumped Monday.