Exclusive-Finland's Kone prepares sale of TK Elevator's European business to tackle antitrust concerns, sources say

“Ransom Canyon” star Josh Duhamel’s Los Angeles home has come under offer just days after it was put on the market—as the actor and his family continue to spend more time living at their rural off-grid cabin.

Allica Bank has expanded the use of an automated valuation model (AVM) in its bridging finance proposition. The bank has increased the maximum LTV from 70% to 75% and the maximum loan size for an AVM has moved from £750,000 to £2 million. It says the changes open the AVM route to significantly larger residential…

In his 11 years at BNY Wealth, Justin Duke watched as policy changes priced out all but high net worth clients from the firm’s trust and estate services. Processing Content Meanwhile, prospects with fewer investible assets were increasingly being routed to centralized “call center”-like offices, said Duke, now a managing director and client advisor in…

Cotton futures saw strength on Wednesday, with contracts 8 to 48 points higher, as December was the lone holdout, down a tick. Crude oil was down just 62 cents per barrel, with the US dollar index $0.140 higher. USDA’s Crop Production report from this morning showed cotton down just 90,000 bales to 13.61 million bales….

Wealth management firm Cerity Partners is expanding its offices at Midtown’s 99 Park Avenue. The tenant, which just expanded to 48,671 square feet at the building in December, has signed a deal for 19,600 additional square feet on the eighth floor of Global Holdings’ 26-story office building, bringing its total footprint to about 68,300 square…

SK Hynix rose 13% in its first day of trading on Nasdaq, closing at $168.01, as U.S. investors jumped at the opportunity to get a stake in South Korea’s second-most valuable company. The stock is trading under the ticker symbol SKHYV, and will switch to SKHY as of Tuesday. The stock opened at $170 and…