Bank Mellat, Iran’s largest privately-owned bank, has been fighting a legal battle since 2009 against sanctions that it said were wrongfully placed on it by the European Union and the UK Treasury over ...

A: An important component of the EU sanctions designed to prevent the development of nuclear program in Iran are in fact levied on businesses who may have indirectly facilitated the government’s ...

Bank Mellat, which is 20% owned by the Iranian government and 80% privately held, said on Tuesday the legal row had been resolved for an undisclosed sum on the first day of a trial to assess its ...

LONDON — Britain's Supreme Court quashed sanctions against an Iranian bank penalized over its alleged links to Iran's nuclear weapons program, saying Wednesday that Bank Mellat had been arbitrarily ...

Iran’s Mellat Bank plans to reopen its Seoul branch as early as next month following the lifting of sanctions on the Middle East country, a bank official said Wednesday. In January, the U.S. and the ...

The UK government is being sued for £2.3bn by one of Iran's largest banks, whose ban from trading with the UK over alleged links to Tehran's nuclear programme was quashed by the supreme court last ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...

LONDON/BRUSSELS (Reuters) - Iran's Bank Mellat will pursue damages against Britain after the European Union's top court on Thursday effectively ruled that the bank's assets should not have been frozen ...

Iran's biggest private bank is reportedly seeking 500 million pounds ($780 million) from Britain's Treasury. The claim comes after Britain's Supreme Court ruled in June that sanctions should not have ...

The U.K. Supreme Court overturned a ban stopping Bank Mellat from operating in Britain over allegations it helped finance Iran’s nuclear weapons program. The U.K. government’s case was based on ...

LONDON (Reuters) - The British government has settled a £1.25 billion damages claim brought by Iran's largest private bank in an 11th-hour, out-of-court deal following a dispute over sanctions and ...