Bass Pro Shops have agreed to acquire rival outdoor outfitter Cabela’s in deal valued at $5.5 billion – NYTimes and WSJ
Streetwise steps back from the pummeling Deutsche Bank’s been taking in recent weeks to point out that the handful of basic explanations for what’s ailing the German bank are present at all of DB’s global peers, too – WSJ
Dealbook’s White Collar Watch on Och-Ziff’s $400 million in fines to US regulators and why that could be the tip of the regulatory iceberg – NYTimes
Illinois is following California’s lead and suspending the state’s investment activity with Wells Fargo – WSJ
Will Morgan Stanley be next? – Bloomberg
RBS has agreed to pay $120 million to settle an investigation by the state of Connecticut into the bank’s RMBS underwriting in the years leading up to the 2008 financial crisis – Law360
More on Henderson’s move to snap up Janus, an apparent deal to help the big hedge funds compete with low-cost competitors that have grown in popularity in recent years – WSJ
JPMorgan’s “twist” on a blockchain-backed, bitcoin-style network involves using the publicly available system for confidential transactions. Keep an eye out for Quorum [and its shot in the arm for Ethereum] – WSJ
The Journal gives us a closer look at Italy’s Monte dei Paschi—the world’s oldest bank (founded in 1472)—that’s deeply tied to Siena and that’s threatening to drag the whole of the region’s economy down with it if it fails, as some expect it will – WSJ
If NYC follows the way of Barcelona and its urban design path, pedestrian-friendly “superilles” (or “superblocks,” in English) may be in its future – NYTimes