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Finance & Markets

Barclays Targets India’s Richest 1% in Private Banking Boom

Barclays Plc is seeking deeper ties with India’s billionaire founders as it looks to expand in the country’s fast-growing and highly competitive private banking market, where global rivals are also stepping up.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Japanese Market Notably Higher

(RTTNews) - The Japanese market is trading notably higher on Friday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight.

Persistent growth continues, but rising acquisition costs could impact overall profitability for businesses

Following a major acquisition announcement, Persistent Systems stock has seen a remarkable rebound. In its latest June quarter results, the company reported robust revenue growth, boosting its future…

  • Persistent Systems acquired Nagarro for $1.4 billion, driving stock surge
  • AI-driven engagements and Q2 results boost stock value 31%
  • Higher acquisition costs and interest expenses may impact profitability

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