International stocks trading in New York were mixed on
Wednesday.
The BNY Mellon index of American depositary receipts edged up
0.27% to 150.31. The European index increased 0.42% to 147.93, the
Asian index eased 0.01% to 158.75, the Latin American index edged
down 0.02% to 228.13 and the emerging markets index declined 0.04%
to 273.61.
Barclays PLC (BCS, BARC.LN), Royal Bank of Scotland Group PLC
(RBS, RBS.LN) and UBS AG (UBS) were among the companies with ADRs
that traded actively.
Five global banks have agreed to pay more than $5 billion in
combined penalties and will plead guilty to criminal charges to
resolve a long-running U.S. investigation into whether traders at
the banks colluded to move foreign-currency rates to benefit their
own positions. Four of the banks, J.P. Morgan Chase & Co.,
Barclays, RBS and Citigroup Inc., will plead guilty to conspiring
to manipulate the price of U.S. dollars and euros, authorities
said. The fifth bank, UBS, received immunity in the antitrust case,
but will plead guilty to manipulating the Libor benchmark and also
will pay an additional Libor-related fine.
Barclays's ADRs rose 3.4% to $16.86. Royal Bank of Scotland's
ADRs increased 1.9% to $11.05. UBS's ADRs rose 3.9% to $21.96.
America Movil SAB (AMX, AMOV, AMX.MX) sold 3 billion euros
($3.33 billion) in bonds convertible into shares of Royal KPN
(KPN.AE)--it had planned to sell 2.25 billion euros to 2.5 billion
euros--ending doubts about what it might do with its minority stake
in the Dutch carrier after a failed 2013 takeover bid. America
Movil ADRs rose 1.7% to $20.75.
Brazilian aircraft manufacturer Embraer SA (ERJ, EMBR3.BR) said
that it started discussions with the U.S. Justice Department, for a
possible resolution of alleged noncompliance with the U.S. Foreign
Corrupt Practices Act. Embraer ADRs increased 1.2% to $31.75.
Write to Tess Stynes at tess.stynes@wsj.com
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