By Chuck Mikolajczak
NEW YORK, March 18 (Reuters) - U.S.-listed shares of foreigncompanies declined on Monday, as a plan by Cyprus to tax bankaccounts in order to stave off a bankruptcy triggered concernsabout the euro-zone's financial stability and weighed on bankshares.
Cypriot ministers worked to adjust a plan to seize moneyfrom bank deposits ahead of a parliamentary vote on Tuesdaywhich could result in the country's financial rescue or threatenits default.
The weekend announcement by the nation to tax bank depositsas part of a 10 billion euro ($13 billion) bailout by theEuropean Union is a departure from prior bailout plans, whichkept depositors' savings intact.
Financial shares declined, with Deutsche Bank down 2.7 percent to $43.42, Barclays PLC off 3.7 percent to $18.52 and ING Groep down3.8 percent to $8.04 in New York trade.
The BNY Mellon index of leading American depositary receipts lost 0.9 percent, while the Standard & Poor's 500 index declined 0.4 percent.
The BNY Mellon index of leading European ADRs fell1 percent, while the FTSEurofirst 300 index of topshares closed down 0.3 percent.
U.S.-listed shares of Panasonic Corp advanced 3.8 percent to $7.43 after sources said the consumerelectronics maker is considering the sale of its healthcarebusiness to raise cash.
The BNY Mellon index of leading Asian ADRs dipped0.7 percent.
The BNY Mellon index of leading Latin American ADRs fell 0.6 percent. Banco de Chile dropped 3.7percent to $95.18 and Banco Bradesco shed 1.2 percentto $18.41.
Barclays (BARC)