Somewhat surprisingly, there have been very few bitter fireworks when it comes to the dissolution of their union.

At the top of the episode, Axe is still struggling to get approval for his charter bank.

Of course, this is Spyros we’re talking about, so he fails spectacularly.

Billions

Credit: Jeff Neumann/SHOWTIME

In this episode, though, Axe has bigger worries than the SCC.

Kate finds out that Danny Margolis has been storing priceless paintings for Axe in freeports to avoid taxes.

Chuck is livid, so he gets personal.

But it’s a bitter pill to swallow because Axe has outmaneuvered him.

So, Axe comes out on top for now, but he still doesn’t have his bank.

The rest of the episode is made up of fun B-stories.

While that story is fun, the other stories have a larger bearing on the direction of this season.

He has romantic feelings for Wendy, but it’s more than that.

It’s yet another sign that Axe is headed off the rails this season.

The question is, what’s finally going to be the cause of this derailment?