Bank of America Merrill Lynch has launched a new service designed to reduce counterparty risk and improve efficiency for companies operating in Mexico. The Cuenta Controlada (controlled account) service regulates the exchange of cash—in either pesos or U.S. dollars—among multiple parties based on agreed-upon contractual provisions. Bank of America Merrill Lynch serves as an independent third-party in the transactions, in which role it receives, holds, and disburses the funds.
Social and news media bombard us daily with accounts of sexual harassment and misconduct by captains of industry, the arts and politics. The accounts and identities of these formerly admired men continue to shock the public with no end in sight.
May and Carney fire back at Barnier over trade deal warning.
3 trends that will likely affect global currency markets next year.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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