How businesses can reduce risk and execute on opportunities amid record importing and exporting

As a banker in First Horizon’s international department, John Gurney helps clients manage import and export payment risks and improve cash flow. He’s been in the industry for 30 years, but 2022 stood out to him as being remarkable for foreign exchange activity.

That’s because a confluence of events steered clients toward international business to seize upon opportunities and mitigate future risk. It resulted in new highs for imports and exports, according to the U.S. Chamber of Commerce. Exports…