Donal Griffin
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donalgriffin.bsky.social
Donal Griffin
@donalgriffin.bsky.social
Bloomberg News finance reporter in London.

Tips at [email protected]//Signal: donalgriffin.97

Stories: www.bloomberg.com/authors/AQDQOc_taYU/donal-griffin
Brexit mogul Christopher Harborne is still waiting on the £34m loan (+ interest) he pumped into failed FX brokerage Argentex. Story via @bloomberg.com
www.bloomberg.com/news/articles/2025-09-16/argentex-leaves-harborne-s-ifx-waiting-over-34-million-loans
Argentex Leaves Harborne’s IFX Waiting Over £34 Million Loans
Argentex Group Plc’s volatile portfolio of currency derivatives is complicating efforts to wind up the firm and pay back creditors, including a company owned by mogul Christopher Harborne.
www.bloomberg.com
September 16, 2025 at 4:14 PM
Latest on failed trade-fin firm Stenn: UK accounting watchdog is probing multiple audits of its finances by Deloitte, Azets; administrators say they've only got $100m of $1.1b invoices outstanding.

www.bloomberg.com/news/articles/2025-07-10/deloitte-azets-audits-of-fintech-stenn-investigated-by-uk
UK Probes Deloitte, Azets Audits of Collapsed Fintech Stenn
The UK’s accounting watchdog is investigating Deloitte LLP’s work on units of Stenn Technologies, the trade-finance firm backed by some of the world’s biggest banks that unraveled last year amid alleg...
www.bloomberg.com
July 10, 2025 at 1:49 PM
Update on this bizarre story: Finra has permanently banned an ex-Jefferies wealth adviser in Miami after he refused to cooperate with the watchdog's investigation. Story via @bloomberg.com.

www.bloomberg.com/news/articles/2025-07-09/jefferies-miami-wealth-adviser-banned-from-industry-amid-probe
Jefferies Miami Wealth Adviser Banned From Industry Amid Probe
A former Jefferies Financial Group Inc. wealth adviser in Miami, one of a group that the Wall Street bank ousted last year after discovering a series of alleged misdeeds, was banned from the industry ...
www.bloomberg.com
July 10, 2025 at 12:11 PM
Stenn collapsed in December and much remains unknown. But one question looms large: how did some of the world's biggest banks and investors miss the warning sights?
April 24, 2025 at 12:34 PM
Our search for Stenn's biggest suppliers, meanwhile, led us to a series of tiny, troubling companies across Asia, including 1 sanctioned for enabling payments to Russian military intelligence. Other supposedly large suppliers were based in a derelict Prague building.
April 24, 2025 at 12:34 PM
Wall Street banks thought Stenn was a $1 billion trade-fin powerhouse, matching suppliers and buyers of goods. But when @bloomberg.com reporters tracked down dozens of supposed buyers around the world, most of them had never heard of Stenn.
April 24, 2025 at 12:34 PM
Every week during the years before its collapse, Stenn sent granular emails to its Wall Street backers listing its biggest clients, line by line. Yet all was not as it seemed...

www.bloomberg.com/news/features/2025-04-23/stenn-collapse-how-citigroup-bnp-paribas-missed-fintech-s-warning-signs
Wall Street Missed Warning Signs Ahead of $1 Billion Fintech Implosion
Big banks like Citigroup and Natixis thought they were backing a $1 billion fintech darling. But when Stenn blew up, most of its supposed partners said they had never worked with the company.
www.bloomberg.com
April 24, 2025 at 12:34 PM
Cybereason CEO has quit following months-long feud with investors Vision Fund, Steven Mnuchin, that’s stalled decision-making at the cash-strapped startup. Story w/Min Jeong Lee.

www.bloomberg.com/news/articles/2025-03-05/softbank-backed-cybereason-ceo-resigns-after-boardroom-turmoil
SoftBank-Backed Cybereason CEO Resigns After Boardroom Turmoil
Cybereason Inc.’s chief has stepped down following a months-long feud with investors SoftBank Group Corp. and former US Treasury Secretary Steven Mnuchin that’s stalled decision-making at the cash-str...
www.bloomberg.com
March 5, 2025 at 8:36 AM
A Nomura exit would be just 18 mos after the bank arranged $500m loan for now-notorious FRG deal. B. Riley shares have since lost most of their value while it's also grappling with SEC probes.

www.bloomberg.com/news/articles/2024-08-20/b-riley-s-rout-forces-reckoning-for-a-founder-s-labor-of-love
How B. Riley's Multibillion-Dollar Financial Empire Stumbled
Bryant Riley, who built an underdog investment firm into a multibillion-dollar financial empire that bears his name, was defending his close friend and business partner, Brian Kahn.
www.bloomberg.com
February 6, 2025 at 7:41 PM