The DOJ has moved to block the proposed Halliburton/Baker Hughes merger in a Delaware-based federal lawsuit that argues that “combining the two oil field services companies would cut competition in the industry to unacceptable levels” – NYTimes and WSJ and Bloomberg
Meanwhile, as another proposed merger—that between Pfizer and Allergan—falls apart, Pfizer “finds itself at yet another crossroads,” and faces “basically two choices: get bigger, or break apart.” And the new Treasury Department regs won’t make finding another merger target any easier [which hasn’t left everyone happy] – NYTimes
The Fed’s putting the word out (through the release of its March meeting minutes, at least, dot plots and all) that a rate hike in April looks unlikely – WSJ and Bloomberg
Think of the Serious Fraud Office as the anti-Gordon Gekko: greed is decidedly not good – Law360
It’s worth keeping an eye on the Tiger cubs (hedge funds run by managers who got their start under Tiger Management’s Julian Robertson), who have generally focused on (and poured tens of millions into) the promise of fintech in a way that venture capitalists have in the past – NYTimes
And while we’re at it on fintech, here’s a look at efforts to modernize banking rules in order to “let fintech innovation flourish” [NYTimes], even as some investors [not all] are deciding that dropping their cash on a company touting its “fintech” roots without doing some differentiating just doesn’t make much sense – NYTimes
Jamie Dimon has announced in his annual shareholder letter that JPMorgan is not stressing about its ability to survive any of the Fed’s theoretical stability scenarios during upcoming rounds of testing – WSJ
Even as the Panama Papers churn out fresh intrigue every day, the US is getting closer to closing up one of its own “major loophole[s]” by issuing a rule that “will for the first time require banks and other financial institutions to find out the identities of people hidden behind shell companies” – NYTimes and Bloomberg
Meatball question? Your Saab acting up? That Ikea bookshelf confounding you? Why not call a Swede – Mashable (h/t to The Skimm)