Bloomberg Banco Popular Espanol SA’s decade-old crisis may finally be coming to a head. For years, the Spanish lender managed to hold onto a mountain of soured real-estate loans made before the global financial crisis, tapping shareholders for new capital three times in the last five years. Now, with the stock down 98 percent from its 2007 peak and a …

Bloomberg S&P Global Ratings raised Indonesia’s credit rating to investment grade, bringing it in line with the other two main rating companies and paving the way for more fund inflows into Southeast Asia’s largest economy. Stocks surged to a record and the rupiah advanced. The sovereign rating was lifted to BBB- from BB+ with a stable outlook, S&P said, citing …

Bloomberg East West Banking Corp., the Philippine lender that took over some of Standard Chartered Plc’s local operations last year, plans to sell a minority stake to a strategic investor, according to people familiar with the matter. The retail-focused bank is working with an adviser to sell about a 20 percent stake, the people said, asking not to be identified …