Erste Group Bank AG, the owner of the second-biggest Hungarian lender, declined the most in two weeks in Vienna after Keefe Bruyette & Woods analysts warned it may incur losses in Austria’s neighboring country.
Banca Monte dei Paschi di Siena SpA, the Italian bank engulfed by probes of its former managers, will take a 730 million-euro ($987 million) hit to its assets after accounting for structured deals that hid earlier losses.
Commerzbank AG, Germany’s second- biggest bank, said it will sell 2.5 billion euros ($3.3 billion) of shares to repay the government and insurer Allianz SE. The company slumped the most since November 2011.
OAO Sberbank’s depositary receipts will rise to a premium of as much as 4 percent over the lender’s Russian shares as foreigners seek the securities after a limit on converting stock was reached, according to VTB Capital.