International stocks trading in New York closed mostly higher on
Wednesday.
The BNY Mellon index of American depositary receipts edged up
0.43% to 143.62. The European index increased 0.59% to 144.94, the
Asian index improved 0.3% to 148.16, the Latin American index eased
0.57% to 188.54 and the emerging markets index rose 0.21% to
237.21. ING Groep NV (ING, INGA.AE) was among the companies with
ADRs that traded actively.
ING Groep NV (ING, INGA.AE) reported a rise in second-quarter
profit as it continues to reap the benefits from its repositioning
toward consumer and business lending in Europe. However, ADRs of
the Netherlands' largest bank fell 4% to $16.37 as analysts voiced
disappointment over weaker profitability and rising costs.
Deutsche Bank AG (DB, DBK.XE) has fired two senior trading
executives for alleged lax supervision of a pair of more junior
employees whose communications with clients allegedly violated the
lender's policies, The Wall Street Journal reported Wednesday. The
employees, who worked in the bank's New York office, are the latest
traders to draw scrutiny for what they told clients in negotiations
over the price of complex debt securities. ADRs edged up four cents
to $34.06.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires