Barclays upgrades ASOS to Equal Weight, doubles price target on debt outlook

Key takeaway: Buying Arc will give Axos access to thousands of early-stage and mid-market tech firms, as well as valuable AI technology the bank can use to sharpen its small business-product set.  Supporting data: The deal comes about three months after Capital One closed its $5 billion acquisition of Brex, which has an AI-native payments…

EU will probably have to give new loan to Ukraine, Estonian PM Michal says

Global Banking & Finance Review® is an online platform providing news, analysis, interviews, opinions, press releases, market information and other content relating to banking, finance, insurance, investment, wealth management, fintech, financial markets, technology, regulation and related industries worldwide. The website publishes editorial content, news, press releases, contributed articles, sponsored content, advertorials, advertisements and other material…

Residents of the Altadena neighborhood of Los Angeles are worried that developers’ plans may erase the distinct qualities that defined the neighborhood before it is was ravaged by wildfires in early 2025. Politico reported that after the Eaton fire tore through Neil Tyler’s home in Altadena, he and his wife quickly set out to rebuild….

Bolstered by changes to the law this year, the U.S. Department of Housing and Urban Development wants to fast-track manufactured housing construction to boost affordable housing. HUD recently unveiled an action plan to accelerate manufactured housing construction. The agency said it wants to update energy efficiency standards, update design and construction codes, and help scale…

Residential property pending sales in the United States experienced a decline of 1.9% compared to the previous week, reaching the lowest point documented since records commenced in 2021, as reported by Redfin, a real estate brokerage subsidiary of Rocket. Pending sales contracted across all regions. For the second consecutive week, pending sales decreased throughout all…