DBS flags small impact from coronavirus, fourth-quarter profits top estimates
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SINGAPORE (Reuters) - DBS Group Holdings expects the coronavirus outbreak to hurt full-year revenue by as much as 2% after Southeast Asia's biggest lender topped market estimates with a strong rise in fourth-quarter profit.Singapore banks had previously forecast muted earnings growth for 2020 as interest rates soften and lending moderates after a robust performance in the past few years."Our base case is that, consistent with most research, the virus should start coming under control and die..