Tag Archives | Standard Chartered

Kerry Reassures European Banks over Iran Trade

By John Lee. U.S. Secretary of State John Kerry told Europe’s top banks they have nothing to fear from resuming business with Iran, as long as they make proper checks on trade partners and pursue “legitimate business”, according to a report from Reuters. Addressing a meeting of executives from leading European banks in London, he […]

Int’l Banks Exploring Prospects in Iran

By John Lee. Reuters reports that Dubai’s largest lender, Emirates NBD (ENDB), is just one of the many banks that are already meeting prospective clients and taking legal advice about entering Iran. According to the report, non-U.S. banks may trade with Iran without fear of punishment in the United States, but U.S. banks may not, […]