Your Daily Dose of Financial News

Robins Kaplan LLP

Put on the brakes, PM May. You’re going to need Parliament on this whole Brexit thing after all – NYTimes

Judge John Bates of the US District Court for DC has blocked a proposed $37 billion mega-health-care-merger between Aetna and Humana, one of 2 major deals before the courts opposed by the Obama-era DOJ over antitrust concerns – NYTimes and WSJ and Bloomberg

A deal collapse could mean some big pain (and empty pockets) for a mess of investment banks involved in the deal-making – NYTimes

The Journal on what last year’s money-market fund overhaul means for the US mortgage market—including for the semi-governmental Federal Home Loan Banks that dot the country and lend to local member banks and financial institutions – WSJ

The CFPB’s rung up two Citigroup subsidiaries for nearly $30 million as part of a settlement over their mortgage-servicing practices – Law360

Ford’s lending arm has dipped a toe in Fintech waters with an eye toward online car shopping – WSJ

Who’s down with TPP?  Well, not the U.S.  Not any more – NYTimes and WSJ

Rough week for Yahoo, and it’s only Tuesday.  Yesterday we learned of the SEC inquiry. Today, it looks like any sale (fingers still crossed) won’t happen until Q2 thanks to the data-breach revelations – NYTimes and WSJ

I’ll admit it.  Messing with the DNA of a bunch of ants wouldn’t have been top of mind for me for studying the organization of societies.  My loss, it appears, according to a German biologist working at Rockefeller University – NYTimes

Oscar noms are out today, though not in the usual format – NYTimes

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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