In a world of volatile commodity prices and giddying currency fluctuations, hedging and derivatives make sense. But could your hedge be increasing your exposure?
The unmet demand for trade finance services yawns widely reaching more than $1.6 trillion. The ICC concludes banks alone will not solve this desperate issue.
The British engineering giant faces a huge bill over illicit payments to third parties in Asia and elsewhere. The case offers important lessons for CFOs in examining payments to third parties overseas.