Top US Banks Against Iran SWIFT Embargo

http://www.petrotahlil.com/en/tiny/news-41556

Two top American financial institutions would not commit to cutting Iranian access to international financial markets, a cornerstone of the new anti-Iran sanctions of US President Donald Trump's administration.

This fuels concerns among US officials about efforts by European countries and Iran's regional allies to skirt the new American sanctions ahead of a Nov. 4 implementation deadline.

J.P. Morgan and Citibank—top American financial institutions that sit on the board of the SWIFT financial network that facilitates international banking transactions—declined to respond to inquiries into whether they intend to disconnect Iran from the network and comply with the Trump administration's sanctions