 |  | | Fannie, Freddie may write down $21 billion due to U.S. tax cut: BMO | | | NEW YORK (Reuters) - U.S. mortgage finance giants Fannie Mae and Freddie Mac may write down $21 billion of tax-related assets if there is a deep cut in the federal corporate tax rate as promised by President Donald Trump, according to an analyst at BMO Capital Markets on Friday. | | |  | | | Investors unimpressed by Einhorn's GM share class plan: survey | | | BOSTON (Reuters) - Investors have given billionaire hedge fund manager David Einhorn's plan to boost General Motors Co's value a frosty reception with most surveyed saying his call for two types of shares would not raise the automaker's worth, according to an Evercore ISI poll. | | |  | | | Wells Fargo must face litigation on defective mortgages: U.S. judge | | | NEW YORK (Reuters) - A federal judge on Thursday said Wells Fargo & Co must face litigation seeking to hold it responsible for billions of dollars of claimed investor losses stemming from its alleged failures as a trustee overseeing risky residential mortgage-backed securities. | | |  | | | Ackman apologizes for Valeant losses, calls bet a mistake | | | BOSTON (Reuters) - Billionaire hedge fund manager William Ackman has apologized to clients for betting on Valeant Pharmaceuticals International Inc , telling them he was "deeply and profoundly sorry" for losing so much of their money on the investment. | | |  | | | Will Republicans fund tax cuts by tapping retirement piggy bank? | | | CHICAGO (Reuters) - Tax reform is up next for our Attention Deficit Disorder Republican government, which just rushed through a chaotic, ugly battle to reform our complex healthcare system. The fight over tax reform promises to be just as chaotic and ugly - and it could mean big changes for Americans saving for retirement. | | | | Investors want advice from both robots and humans: study | | | NEW YORK (Reuters) - Financial advisers across Wall Street's biggest brokerages have fretted over their professional futures in recent years as their firms worked to develop "robo" services for millennial and tech-savvy clients. | | | | Investors tip-toe back to U.S. stock funds | | | NEW YORK (Reuters) - Investors grew more confident during the latest week, reversing last week's withdrawals from U.S.-based stock funds, data from Lipper showed on Thursday. | | | | | | | | | | 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 | | |
