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.
Continue reading...
Read more at The Guardian
-
How Nigeria’s biggest city became the world’s hottest winter party destination
Yahoo News - 3d -
Surprise! Why Europe could end up as one of Trump’s biggest problems overseas
While establishment pundits in the U.S. panic over Trump’s commitment to NATO, it could well be that NATO collapses in the face of Europe’s economic and political decay.The Hill - 4d -
Six big US banks quit net zero alliance before Trump inauguration
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts. • Business live – latest updates . The six biggest banks in the US have all ...The Guardian - 5d -
How a Silicon Valley financial backer orchestrated a plot to take down a rising startup
Financial backer Denis Grosz thought he was going to generate big returns from his bet on a company called Toptal, until he got sued for his actions.CNBC - 6d -
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC’s struggles relate to collapse of property developer China EvergrandeFinancial Times - 6d -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
What one picture tells us about Trump's power in Congress
Friday's vote underscores the challenges for Trump in keeping House Republicans united to legislate his agenda.BBC News - Jan. 4 -
How Trump’s inaugural address could deliver the biggest shock of all
President Trump could surprise the world by delivering a speech of genuine humility and grace during his second inaugural address, acknowledging the potency of his own divisiveness and conceding ...The Hill - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2
More from The Guardian
-
Donald Trump would have been convicted over 2020 election, says special counsel
Report by Jack Smith says evidence ‘was sufficient to obtain and sustain a conviction’ had Trump not won re-election in 2024. US politics live – latest updates Donald Trump would have been ...The Guardian - 2h -
Israel-Gaza war live: Hopes rise for ceasefire and hostage deal despite Israeli strikes in Gaza
Israeli strikes in the Gaza Strip killed at least 18 people overnight as Israel and Hamas appeared to be coming closer to a ceasefire deal. Here are some of the latest images sent over the news ...The Guardian - 44m -
Dangerous winds expected to amplify California wildfires as death toll hits 24
Warning of ‘particularly dangerous situation’ with gusts expected as LA fire chief says: ‘We are not in the clear yet’. Firefighters battling the disastrous wildfires around Los Angeles were ...The Guardian - 12h -
Chinese officials reportedly discuss sale of TikTok in US to Elon Musk
Tech company rejects as ‘pure fiction’ a report that a deal could take place if it fails to avoid an impending ban. Chinese officials have reportedly held preliminary talks about a potential option ...The Guardian - 41m -
Cost to clean up toxic PFAS pollution could top £1.6tn in UK and Europe
Exclusive: Costs of UK cleanup will reach £9.9bn a year in UK if emissions of ‘forever chemicals’ remain uncontrolled. Industry using ‘tobacco playbook’ to fend off ‘forever chemicals’ ...The Guardian - 5h
More in World
-
Australian Open 2025: De Minaur and Boulter in action, Raducanu battles through – live
Raducanu overcomes serving woes to battle through Djokovic-Murray show begins | And mail Daniel here Musetti, seeded 16, has taken the third-set breaker to lead Arnaldi by two sets to ...The Guardian - 14m -
Rachel Reeves told it would be ‘politically suicidal’ to impose further cuts as economy falters – UK politics live
John McDonnell says more cuts would be ‘a disaster for the country’ and steer voters towards Reform. Commenting on Kemi Badenoch’s latest comments about grooming gangs (see 9.39am ), Diane ...The Guardian - 15m -
The Diddy documentary cycle has started, and it’s already proving problematic | Andrew Lawrence
A sloppily assembled new Peacock documentary, tracking the rise and fall of the disgraced hip-hop mogul, makes a string of uneasy mistakes. Sean Combs is his mother’s child. According to Tim ...The Guardian - 29m -
South Korean Leader Shuns Trial as He Tries to Hold Off Detention
The Constitutional Court began hearings on whether to unseat Yoon Suk Yeol. But he remained in his fortified residence as investigators drew up plans to detain him.The New York Times - 32m -
Israel, Hamas Are Finalizing a Gaza Cease-Fire Agreement
A deal could be announced as soon as Tuesday, Arab and Israeli officials said, raising hopes that some of the hostages held in Gaza will be released.The Wall Street Journal - 35m