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

The online lender has thrived as it helped extend $400m in loans with its biggest individual investor, Don Hankey

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.