Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
World
Kalyeena Makortoff Banking correspondent

Axos Financial: how the US bank became one of Trump’s biggest backers

Donald Trump speaks during a press conference at Trump Tower in May 2024
Donald Trump turned to Axos Financial as he was facing looming deadlines to repay loans on Trump Tower and his Trump National Doral hotel and golf resort in Miami. Photograph: Angela Weiss/AFP/Getty Images

As the dust started to settle after the deadly 6 January Capitol attack in 2021, Donald Trump found himself losing corporate allies.

Shocked by the rampage that followed efforts to overturn the US presidential election, companies at home and abroad were suspending political donations and reviewing their ties with the outgoing leader. Even Deutsche Bank – which had propped up the Trump Organization for two decades – decided it would no longer do business with the disgraced politician.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.