Banking reporter @ The Information in NYC ☏/Telegram/WhatsApp/Signal 347 864 0601 Former national correspondent at The Australian Financial Review and roustabout for The Australian newspaperhttps://bsky.app/profile/michaelroddan.bsky.socialhttps://bsky.app/profile/michaelroddan.bsky.social/post/3luigfr5s6c2p🚨ICYMI🚨 Eric Schmidt, Ray Dalio, Marc Benioff + others tipped $1bn into the $6bn Google AI spinoff SandboxAQ. CEO Jack Hidary spent some of that entertaining + flying women who had no connections to the biz. It's meagre revenue is traced back to Sergey Brin https://www.theinformation.com/articles/lavish-spending-weak-growth-engulf-billionaire-backed-ai-startup-sandboxaq21 Jul 2025 16:37 +0000at://did:plc:ew3lnkhgnxhl2qisafmnby4v/app.bsky.feed.post/3luigfr5s6c2phttps://bsky.app/profile/michaelroddan.bsky.social/post/3kbkrwfdsrz2uRegulators are turning the screws on fintech partner banks - generally ancient mom + pop community lenders that have grown exponentially backstopping our favorite financial apps Here's my story about two tiny banks that partnered with Block's Cash App https://www.theinformation.com/articles/tiny-banks-that-powered-cash-app-grew-like-crazy-then-the-feds-came-calling12 Oct 2023 14:44 +0000at://did:plc:ew3lnkhgnxhl2qisafmnby4v/app.bsky.feed.post/3kbkrwfdsrz2uhttps://bsky.app/profile/michaelroddan.bsky.social/post/3kacon5jedl27In December, Centerview Partners punished four bankers who suggested in texts that a female employee should have sex with colleagues for promotion. This month, one of them was fired after comments made to a colleague at a party. More in our story: https://www.theinformation.com/articles/disputes-employee-misconduct-rattle-centerviews-silicon-valley-dreams26 Sep 2023 15:58 +0000at://did:plc:ew3lnkhgnxhl2qisafmnby4v/app.bsky.feed.post/3kacon5jedl27https://bsky.app/profile/michaelroddan.bsky.social/post/3k3bx7fst3u2rJPMorgan spent $800m buying 49% of fintech Viva Wallet - Greece’s first unicorn firm. But regulators have been probing Viva's AML/CTF controls. JPMorgan says it's "aware of certain findings by Viva’s regulators that the company is working to address". https://www.theinformation.com/articles/jpmorgans-greek-fintech-unicorn-draws-regulatory-blitz24 Jul 2023 17:53 +0000at://did:plc:ew3lnkhgnxhl2qisafmnby4v/app.bsky.feed.post/3k3bx7fst3u2r