NEW YORK Jan 7 U.S.-listed shares of foreign
companies eased on Monday, following global equities lower,
though European bank stocks got a boost as regulators eased a
key rule to spur credit.
Global regulators gave banks four more years and greater
flexibility to build up cash buffers, pulling back from a more
aggressive earlier draft of new bank liquidity
U.S.-listed shares of Barclays Plc gained
3.3 percent to $18.43, while Deutsche Bank was
up 2.2 percent at $46.82.
Diageo's mandatory tender offer to buy up to
26 percent of shares in India's United Spirits has
been postponed as the deal has yet to receive local regulatory
approvals, a source said. Diageo's shares were off 0.6 percent
The BNY Mellon index of leading American depositary receipts
fell 0.4 percent, while the S&P 500
retreated from a five-year high to also fall 0.4 percent.
The BNY Mellon index of leading European ADRs
dipped 0.1 percent as the FTSEurofirst 300 index of top
shares closed down 0.5 percent. The index hit its highest close
in nearly two years on Friday.
The BNY Mellon index of leading Asian ADRs was down
1 percent, and the BNY Mellon index of leading Latin American
ADRs lost 0.7 percent.