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Bank of New York Mellon on the Joy of Depositary Receipts (part 4)
By Nick Slepko - October 31, 2012 | Tickers: BTO, BIDU, FM, BK
Bank of New York Mellon (NYSE: BK) has over 2,700 depositary receipt programs (with a market value exceeding USD 770 billion) in 68 countries and is the world’s leading depositary bank. Anthony Moro, Managing Director and Head of Emerging Markets for BNY Mellon's DR business, discusses depositary receipts (foreign stocks traded on local exchanges) and the role they play in global investing.
[continued from part 3]
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