Bloomberg DBS Group Holdings Ltd’s fourth-quarter profit topped estimates, helped by lending gains as a strong capital base allowed the bank to deliver a special dividend. Net income increased 69% to S$2.34 billion ($1.76 billion) in the three months ended on December 31, Southeast Asia’s biggest lender said in a statement. That beat an average estimate of S$2.17 billion …

Bloomberg A Bank of England (BOE) policy maker has warned that a wave of business investment was “stopped in its tracks” by Brexit, dealing a blow to the UK economy worth £1,000 ($1,204) per households. Jonathan Haskel, an external member of the Monetary Policy Committee, said that the UK “suffered much more” from its productivity woes since exiting the European …

  Bloomberg Kotak Mahindra Bank Ltd, backed by billionaire Uday Kotak, is considering selling a minority stake in its general insurance unit, according to people familiar with the matter. The lender is working with Morgan Stanley on the potential sale of a stake in Kotak General Insurance which could raise as much as a few hundred million dollars, the people …