DEALBOOK HIGHLIGHTS
BT in Talks to Acquire EE The announcement came days after BT, Britain's former telecom monopoly, said it was in talks with investors in two of Britain's cellphone carriers about a potential takeover offer.
Bank of New York Mellon Fires Currency Trader After Internal Review The bank, like many of its competitors, reviewed its foreign exchange operations after regulators last year began examining possible collusion between currency traders to potentially manipulate the $5-trillion-a-day currency markets – namely benchmark currency rates.
Wells Fargo Is the First Big Bank Simple Enough to Fail Wells Fargo has secured a conditional stamp of approval from regulators for its living will. The problems for other giant banks are complexity and interconnectedness, writes Daniel Indiviglio of Reuters Breakingviews.
Mt. Gox Trustee Taps U.S. Bitcoin Exchange in Repaying Creditors Kraken, based in California, will work with the bankruptcy trustee to return about 200,000 Bitcoin to the collapsed Japanese exchange's 127,000 creditors.
Note to Readers: In observance of the Thanksgiving holiday, there will be no DealBook newsletter on Thursday and Friday. We'll be back on Monday, Dec. 1. For the latest in breaking news and analysis in the world of finance, please visit: dealbook.nytimes.com.