The British media reported on Monday that some of the countrys biggest banks have been invited to a meeting with US Secretary of State John Kerry to discuss the openings that the removal of sanctions against have created for them over their banking transactions with the country. Sky News reported that the British Bankers' Association (BBA) ...

British banks remain reluctant to finance trade with Iran, fearing they could still be targeted by existing U.S. sanctions that are impeding Tehran's re-entry into markets after years of isolation, officials said on Monday. International measures against Iran - including banking curbs - were lifted in January as part of the deal with world powers ...