The European Central Bank’s reviews of big euro-area lenders may uncover problems at non-listed banks in countries that haven’t received bailouts, a group of lenders that has so far received limited scrutiny, said Nicolas Veron of the Brussels-based Bruegel research group.
Indonesia’s four state-owned builders gained in Jakarta share trading on speculation the government may boost the value of construction contracts signed last year to compensate the companies for rising costs.
FHB Jelzalogbank Nyrt., a mortgage lender in Hungary, rose to the highest level in two weeks after its chairman bought shares amid speculation it will buy the government’s stake in an umbrella bank for savings cooperatives.
Bank for Investment and Development of Vietnam, the nation’s second-largest lender by assets, will begin trading on the local exchange this week as regulators seek to boost stock-market liquidity and make banks more transparent.
Billionaire Nobutada Saji’s Suntory Holdings Ltd. got a cool reception for its acquisition of whiskey maker Beam Inc. as rating companies threatened a downgrade and investors predicted rising borrowing costs.