Donal Griffin

Stay informed with Donal Griffin’s coverage and analysis for Fortune.

The offices of global financial institutions, including Citigroup Inc., State Street Corp., Barclays Plc, HSBC Holdings Plc and the commercial office block No. 1 Canada Square, stand in the Canary Wharf financial, shopping and business district in London, U.K., on Friday, Jan. 10, 2020. The European Union will consider about 40 equivalence decisions this year, determining how much equity, fixed-income and other investment banking business can remain in London and still serve EU clients. Photographer: Chris Ratcliffe/Bloomberg via Getty Images

U.K. trade darling Stenn went from $900 million to insolvency in days

By Donal Griffin, Lucca de Paoli, and others

person walking outside an HSBC bank branch

Who will be HSBC’s next CEO? An internal candidate seems likely for Europe’s largest bank

By Bloomberg, Harry Wilson, and others

SINGAPORE, SINGAPORE – FEBRUARY 26: Chief Executive of HSBC, Peter Wong attends a welcome dinner prior to the HSBC Women’s World Championship at Sentosa Golf Club on February 26, 2019 in Singapore. (Photo by Ross Kinnaird/Getty Images)

HSBC plans to grant oversight of Asia—its largest profit center—to two co-heads

By Ambereen Choudhury, Donal Griffin, and others

Bill Hwang, founder of of Tiger Asia Management LLC, right, exits federal court with his attorney Lawrence Lustberg in Newark, New Jersey, U.S., on Wednesday, Dec. 12, 2012. Tiger Asia Management LLC, the New York-based hedge fund run by Hwang, pleaded guilty to a wire fraud charge and will forfeit $16.3 million in a U.S. insider-trading case. Photographer: Emile Wamsteker/Bloomberg via Getty Images

Justice Department opens probe into Archegos meltdown

By Sridhar Natarajan, Greg Farrell, and others

BERLIN, GERMANY – MARCH 25: Deutsche Bank sign is displayed at the entrance on March 25, 2021 in Berlin, Germany. (Photo by Jeremy Moeller/Getty Images)

Here’s how Deutsche Bank managed to survive unscathed from the Archegos block trade meltdown

By Steven Arons, Eric Schatzker, and others

A picture taken on March 3, 2021 in Zurich shows a sign of Swiss banking Credit Suisse on their headquarters. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)

Archegos saga: hopes for an orderly fix turned into a bruising free-for-all among Wall Street titans

By Sridhar Natarajan, Donal Griffin, and others

Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. The conference brings together leaders in business, government, technology, philanthropy, academia, and the media to discuss actionable and collaborative solutions to some of the most important questions of our time. Photographer: Kyle Grillot/Bloomberg via Getty Images

Take more vacations and stop Friday Zoom calls, Citigroup boss tells employees

By Donal Griffin, Jennifer Surane, and others

Citigroup is cutting hundreds of trading jobs, a move that proves trouble for the banking industry.

Citi to Cut Hundreds of Trading Jobs–Proof That Industrywide Slump May Be Here to Stay

By Sridhar Natarajan, Donal Griffin, and others