Inside Scoop on Overseas Banks

Morningstar.com, Ganesh Rathnam, 11 January 2006Most individual investors treat stocks of foreign banks, trading as American Depository Receipts (ADRs), like litter on Wall Street. After all, there are more than 5,000 listed stocks in the U.S. to choose from. Moreover, timely information and financial disclosures on foreign banks is hard to come by. However, a well informed investor willing to