International stocks trading in New York closed lower Wednesday.
The BNY Mellon overall index of American depositary receipts fell
0.72% to 144.85. The European index lost 0.96% to 141.64, the Asian
index slid 0.26% to 147.47, the Latin American index fell another
0.26% to 257.89 while the emerging-markets index edged down 0.14%
to 283.33. Among the companies with shares that traded actively
were Oi SA (OIBR, OIBRC, OIBR4.BR) and Barclays PLC (BCS,
BARC.LN).
Deutsche Bank AG (DB, DBK.XE) is close to selling most of a $2
billion portfolio of commercial real-estate loans to U.S.
private-equity firm TPG, people familiar with the matter said.
Shares fell 2% to $29.60.
Private-equity firms Apax Partners and Bain Capital LLC made a
joint bid to buy PT Portugal from its Brazilian owner, the
telecommunication firm Oi SA (OIBR, OIBRC, OIBR4.BR), a move that
could spark a bidding battle over the Portuguese telecom assets
with rival suitor Altice SA. Oi's shares fell 4% to $0.51, while
Portugal Telecom SPGS's (PT, PTC.LB) rose 2% to $1.74.
Six banks agreed Wednesday to pay roughly a combined $4.2
billion to U.S., British and Swiss regulators to resolve
allegations that for years they colluded to manipulate the vast
foreign-exchange market and boost their profits. UBS AG's (UBS,
UBSN.VX) shares closed 0.29% higher at $17.38; HSBC Holdings' PLC
(HSBC, HSBA.LN, 0005.HK) fell 0.69% to $50.22; Royal Bank of
Scotland Group PLC's (RBS, RBS.LN) lost 2% to $11.82; and Citigroup
Inc.'s (C) fell 0.72% to $53.42. Barclays, which had been in
late-stage settlement talks with U.S. and British regulators but
pulled out at the last minute, lost 2% to $14.58.
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