Reuters Money: December 19, 2016

Click to View in Browser Monday, December 19, 2016 Would you sell your prized possessions to pay for college? NEW YORK (Reuters) - Just how much would you give up for your children to go to their dream schools? Deutsche Bank could settle U.S. penalty this week: source FRANKFURT/NEW YORK (Reuters) - Deutsche Bank  could agree this week to a penalty with the U.S. Department of Justice for allegedly misleading investors when selling mortgage-backed securities, one person with direct knowledge of the matter said on Monday. U.S. charges Platinum Partners founder, others with $1 billion fraud NEW YORK (Reuters) - The founder of New York-based hedge fund Platinum Partners was arrested on Monday as prosecutors unveiled an indictment charging him and six others with an approximately $1 billion fraud. Airbnb seeks to raise an additional $153 million SAN FRANCISCO (Reuters) - Airbnb Inc is looking to raise an additional $153 million as an extension of a recent funding round, boosting its coffers as the company pushes forward with global expansion. Deutsche Bank to pay more than $40 million to settle dark pool cases WASHINGTON (Reuters) - A unit of Deutsche Bank AG conceded that it misled investors and violated securities laws and will pay more than $40 million to settle charges that it misinformed clients about how it routed orders to anonymous trading platforms known as dark pools, regulators said on Friday. Tax accounting software firm Avalara prepares IPO: sources (Reuters) - U.S. tax accounting software company Avalara Inc has interviewed banks to help prepare for an initial public offering (IPO) that could come in 2017 and value the company at roughly $1 billion, people familiar with the matter said on Friday. Fidelity gives BlackRock an early leg up in robo advice brawl BOSTON (Reuters) - Fidelity Investments unintentionally boosted BlackRock Inc's prospects as a robo adviser with a small investment in a start-up company that BlackRock bought last year for an estimated $150 million. Pushed by investor Ackman, Chipotle adds four new directors (Reuters) - Chipotle Mexican Grill Inc , under pressure from activist investor Bill Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive and a former top executive at McDonald's, which once owned the burrito chain. With bylaw tweaks, Apple grants activist one of three wishes BOSTON/SAN FRANCISCO (Reuters) - Apple Inc's board relaxed some rules for director nominations by outside investors but stopped short of broader changes sought by an activist shareholder. 'Trump trade' drives ninth biggest weekly rush to stocks: BAML LONDON (Reuters) - Global equity funds received $21 billion in the past week - their ninth-biggest inflow ever - as investors embraced the 'Trump trade', while money flowed out of bonds for seventh week in a row, Bank of America Merrill Lynch said on Friday. Related Video Banks push Wall Street up; Dow brushes against 20,000 Stifel's Lindsey Piegza on the economy and the markets Related News IMF's Lagarde guilty, but not punished, in French negligence trial Wall Street opens little changed; Yellen in focus 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 - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook