Bloomberg Canada’s largest banks are within striking distance of resuming profit growth — with the help of government programs that prevented major loan losses. The country’s six biggest banks are expected to post an 11% average decline in adjusted earnings per share when they report fiscal first-quarter results next week, according to analysts’ estimates compiled by Bloomberg. The comparable quarter ...

Bloomberg Access Bank Plc, Nigeria’s biggest lender is looking to generate as much as 30% of profit outside its home market, following a series of acquisitions spanning East and West Africa last year. The lender expects African subsidiaries and its UK unit to account for about 25-30% of profit before tax in the next three to five years from 21% ...

Bloomberg China’s banking regulator imposed new restrictions on banks and financial institutions working with online microlenders including those led by Jack Ma’s Ant Group, dealing further blows to one of the fastest-growing business segments for financial-technology behemoths. Banks must cap overall joint lending with internet platforms or other partners at no more than 50% of their outstanding loans, the China ...