UK Banks Bowing to Risk of Action from US on Iran

"There is growing evidence that US pressure on Iran is having an impact on what had been Iran's major conduits to the rest of the world through the City of London. They seem to be pulling out of Iran-related business right and left. As one senior anonymous London banker is quoted as saying to The Independent, "The consequences of not toeing the American line on Iran have not been made clear, but we were left in no doubt that we might not want to find out."
CT Blog