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Unfortunately enough for Deutsche Bank, 2017 isn’t starting off much better than the previous year. The German banking giant has agreed to pay a $425 million fine to NY state authorities (and another $204 million to the UK’s FCA) to resolve charges that it helped Russian investors launder $10 billion through branches in Moscow, London, and NY – NYTimes and WSJ and Bloomberg and Law360

A collection of nearly 400 refrigerator-sized Tesla batteries in California—a makeshift power plant, of sorts—is showing the literal power of Elon Musk’s battery mission as well as a path forward for places where renewable energy is producing power that needs to be stored somewhere – NYTimes

Zuck’s doing all he can (including learning Mandarin and taking a smog jog), but China’s proved an elusive target for the ‘Book – WSJ

Microsoft sold a reported $17 billion of bonds yesterday, a staggering sum made even more so by the fact it sold nearly $20 billion just last August – WSJ

Dodd-Frank’s days—at least as we know it—could be limited – NYTimes

Here’s a good feature on Jackie Hunt—the relatively unknown “$2 trillion woman” who oversees Pimco at Allianz—and her mission to turn things around in the post-BBG era – Bloomberg

The Fed’s adjusted its stress-test threshold and will now exempt banks with less than $250 billion in assets from the qualitative assessment (though institutions in the $50 to $250 billion range must still meet capital requirements) – WSJ

Looks like Brooklyn is well on its way to killing another vintage experienceBloomberg

Mindflix.  Because remotes are hardMashable

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