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Sunday, January 22, 2006

Banking giant UBS AG says business with Iran no longer worth continuing

Swiss bank UBS AG said today it has stopped doing business with Iran because of their economic and risk analysis of the situation in that country. A similar policy is also being implemented on Syria. All existing business with customers in Iran will be canceled, but Iranians in exile will not be affected by the decision.
Read more at ynetnews.com......

Swiss bank halts Iran, Syria business

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