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Thursday, July 27, 2023

Bank

 NY Times: Trump needed $225 million. A little-known bank came to the rescue. Gregory Garrabrants, a GOP donor and CEO of online Axos Bank, approved the loans after the former president’s main lender had cut ties. By Michael Kranish

Axos Bank, formerly known as Bank of Internet USA, had grown from one of the first digital banks into a profitable, publicly traded company in part by specializing in loans to borrowers other banks had shied away from...

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