Tuesday, June 24, 2014

Iran seeks to resolve HSBC freeze on some trade financing: sources

LONDON/ANKARA (Reuters) - Iran is lobbying to get HSBC (LSE:HSBA.L - News) to process humanitarian trade transactions that Europe's biggest bank has frozen because of concerns about potential breaches of international sanctions, sources familiar with the trades told Reuters. Banks such as HSBC are responding to tougher scrutiny over financial dealings with some countries including Iran, even as ...



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