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US Pressed to Save Iran Financial Access

Top officials in the US Treasury Department are reportedly pushing for Iran to remain connected to the SWIFT global payment network ahead of the implementation of new economic sanctions against the Islamic Republic in November.

J.P. Morgan, Citibank won't Commit to Cutting Iran Access to Markets

J.P. Morgan and Citibank, two top American financial institutions, will not commit to cutting Iranian access to international markets, which will add fuel to concerns among US officials about efforts by European states and Tehran's regional allies to mitigate the impact of new US sanctions ahead of a November 4 implementation deadline, a report says.

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