Bank of New York Mellon's Julio Lugo sees ADRs as a good way for U.S. investors to access foreign markets without the complexity of directly investing money in a foreign stock exchange.
The world's largest custodial bank is fighting to make itself more efficient.
Bank of New York Mellon's Julio Lugo examines the expanding relationship between ADR and ETFs.
Morningstar's Scott Burns and Bank of New York Mellon's Julio Lugo tackle frequently asked ADR questions about dividends, financial filings, and currency risk.
David Duffy joined the group as sales director and will be responsible for the firm's residential mortgage business in the Mid-Atlantic region, focusing primarily on Philadelphia and Washington, D.C.
Christopher Hohlstein is based in the firm's growing office in Atlanta and reports to Craig Sutherland, president of the Southeast U.S. region.
Clearing fees at Pershing unit rise to $294 million in the period and nearly $1.2 billion for 2012
©2012 Morningstar Advisor. All right reserved.