Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
by dpupkin | Fri, 2010-04-30 15:16
selected project
Barclays-Business Halt
description
In late 2006, Barclays, in response to pressure from Washington, stopped acting as the bank for British customers doing business with Iran. Later, in 2008, to further comply with American anti-terror laws, shut down the accounts of British citizens working with Iranian companies.
- Country: United Kingdom
- Contractor: Barclays PLC
Status
- Current Status:
- Discussion Date:
- Contract Date:
- Completion Date:
Citation
1. Andrew Murray-Watson, "US Tells Banks to Shut Down Iran Operations", The Independent, December 3, 2006, available at http://www.independent.co.uk/news/business/news/us-tells-banks-to-shut-d...
2. Sean O'Neill, "Barclays Bank rejects customers to comply with US Law", The Times, June 6, 2008, available at http://business.timesonline.co.uk/tol/business/industry_sectors/banking_...
