Your Daily Dose of Financial News

Robins Kaplan LLP

Oh yes.  Jobs Report Friday, once again.  Your obligatory 5 things to watch as you read – WSJ

Snap Inc. filed its first public prospectus yesterday in advance of its fast-approaching offering date, playing up the strength of its ad revenue in just two short years as part of its pitch for big-time value – NYTimes and WSJ and Bloomberg

Here’s what Snap’s early numbers tell us – NYTimes and Bloomberg

Yes, the Fed held rates steady for January. But it has other means of tightening monetary policy, and its recent hand-tipping to show an intent to hold fewer bonds and to hold the ones it does for less time is another [less visible but definitely powerful] way of goosing rates – WSJ

Deutsche Bank’s chief, John Cryan, issued an “unusually strong” mea culpa for his bank’s past misconduct on Thursday on the heels of DB disclosing a $2 billion quarterly loss – NYTimes and WSJ

Even as the White House takes aim at Dodd-Frank and the DOL’s fiduciary rule, Fintech startups are particularly interested in preserving a certain slice (Section 1033, to be exact) of the regulation – WSJ

Part art-house film, part existential crisis, part case study on human nature, and somehow 100 percent engrossing despite its simple premise—do yourself a favor and make a little time for Ten Meter Tower – NYTimes

Have a good weekend.

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