iran banks

Iran’s Global Banking Problems Deepen With Rise of Trump, Brexit

By Jonathan Saul and Parisa Hafezi LONDON/ANKARA, July 31 – Britain’s vote to leave the European Union and the rise of U.S. presidential nominee Donald Trump have paralyzed efforts by Western governments to encourage already highly reluctant international banks to do business with Iran. Uncertainty is frustrating Tehran’s push for foreign investment to revive its

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U.S. Not Against Foreign Banks Dealing With Iran: Kerry

By Lesley Wroughton NEW YORK, April 23 – The United States is not opposed to foreign banks doing business with Iran in line with the terms of last year’s historic nuclear deal between Tehran and world powers, U.S. Secretary of State John Kerry said on Friday. “The United States is not standing in the way, and will not

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Iran Pushes U.S. for More Access to Global Financial System

By Bozorgmehr Sharafedin DUBAI, April 16 – Iran’s main goal in its nuclear talks with world powers was to secure access to the global financial system, and the United States must now do more to remove obstacles to the banking sector, Foreign Minister Mohammad Javad Zarif said on Saturday. In January, world powers led by

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EU Court Rules Iran Bank Assets Should Not Have Been Frozen

BRUSSELS, Feb 18 – The European Court of Justice ruled on Thursday that the assets of Iran’s Bank Mellat should not have been frozen from 2010, dismissing an appeal brought by the European Council. The Council, the grouping of the EU’s 28 member states, froze the funds of a number of Iranian financial entities from

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