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 ...