Banks Absent From U.K. Trade Trip to Iran Amid Sanction Concerns

  • Delegation of 25 companies visited Tehran to assess openings
  • Possible sanctions `snap-back' a worry for bank chiefs

Major British and European banks want greater clarity on how sanctions on Iran will be lifted before they investigate openings in the country, the head of a recent U.K. delegation to the Islamic Republic said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.