Bloomberg Australia’s government will probe bank lending to small businesses as Prime Minister Malcolm Turnbull tries to stave off opposition calls for a broader inquiry into the financial industry. The inquiry, to be conducted by the Small Business and Family Enterprise Ombudsman, comes on top of moves to summon chief executives of the nation’s big four banks to testify ...

  Bloomberg Mitsubishi UFJ Financial Group Inc.’s banking unit and its two biggest Japanese peers plan to sign a non-binding agreement with Saudi Arabian Oil Co. in Tokyo this week to expand lending to the state-run firm as it considers an initial public offering, reports said. Bank of Tokyo-Mitsubishi UFJ Ltd. President Takashi Oyamada and Sumitomo Mitsui Financial Group Inc. ...

  Bloomberg National Bank of Canada (NBC) became the sixth Canadian lender to beat analysts’ estimates, posting a 5.5 percent jump in profit on record earnings in personal and commercial banking and gains in wealth management. Net income for the fiscal third quarter ended July 31 rose to C$478mn ($365mn), or C$1.31 a share, from C$453mn, or C$1.28, a year earlier, ...