 |  | NBA's Chris Paul, other celebrity athletes, invest for an impact |  | NEW YORK (Reuters) - Giving back to their communities has always been a challenge for pro athletes who get rich quick, because they tend to lose the money even more quickly. But even those who manage to build a substantial amount of wealth have a hard time using it charitably in a way that truly has a long-term impact. | |  | A new breed of sovereign wealth fund - without the wealth |  | LONDON (Reuters) - Once the preserve of rich oil exporters or nations with trade surpluses, like Norway, Kuwait and Singapore, an unlikely new breed of sovereign wealth fund is emerging - in countries with large deficits and deep debt. | |  |  |  | Investment banks ditch the diet and look to expand: study |  | LONDON (Reuters) - After several years of restructuring and regulatory pressure, investment banks have reached a turning point after Donald Trump became American president and can look to grow again, according to a study published on Friday. | |  |  |  | ValueAct boosts Valeant stake after Pershing exits |  | (Reuters) - ValueAct Capital raised its stake in Valeant Pharmaceuticals International Inc, in a move that could provide a confidence boost to the drug company three days after its largest shareholder sold out of the stock. | |  | |  |  | |  |  | Related Video | |  | |  | |  |  |  | Related News | |  | |  | |  |  |  |  |  | Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today |  | |  |  |  | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today |  | |  | » » MORE NEWSLETTERS |  | |