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May 2016

European banks are too afraid to do business with Iran

2016-05-12
By: Michael R. Carrico
On: May 12, 2016
In: Europe banks

European banks do not want to approach Iran. Some big companies have started signing deals with Tehran since the United States and other world powers lifted longstanding sanctions on the Middle Eastern country, but banks are very nervous after being burned in the past. HSBC (HSBC), Standard charter (SCBFF) andRead More →

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