Europe’s Banks Earmark $710 Million to Brace for Iran War Impact

Europe’s top banks have set aside hundreds of millions of euros to shield against a financial impact from the Iran war, highlighting how the economic risks for the region are...

By Nicholas Comfort, Claudia Cohen · Bloomberg Markets

Europe’s top banks have set aside hundreds of millions of euros to shield against a financial impact from the Iran war, highlighting how the economic risks for the region are on the rise.