Bloomberg Kotak Mahindra Bank Ltd.’s profit rises 15% in the third quarter on a cut in provisioning and higher net interest earnings aided by an easing of the pandemic. Net income stood at 21.3 billion rupees ($284 million) in quarter ended December compared with 18.5 billion rupees a year ago. That beat an average estimate of 20.7 billion rupees ...

  Bloomberg DBS Group Holdings Ltd. agreed to buy Citigroup Inc.’s consumer banking assets in Taiwan, as Southeast Asia’s largest lender pushes ahead with plans to boost its regional presence. The Singapore bank will pay cash for Citi Consumer Taiwan’s net assets plus a premium of S$956 million ($707 million), which will be determined at the close of the deal ...

  Bloomberg American Express Co is putting the pandemic behind it, boosting forecasts for revenue and profit after spending on its cards surged to a record. Revenue will climb as much as 20% this year while earnings could reach $9.25 to $9.65 a share, the company said in a statement. AmEx has long said 2022 would be the year it ...