Sep. 12 at 10:02 AM
$BB $TD $DJI $NASDAQ $SPY Regarding the banking sanctions coming Monday, IF it is a Canadian bank, I would think more than likely it would be the RBC. Because it converges not only Iran but Huawei. I mean lets get real here. Iran is getting help from China and it is payments are probably going through Canadian banks.
An example of this is below:
"Lawyers representing Meng Wanzhou tried to discredit evidence presented by U.S. officials in her extradition hearing, arguing a banker at HSBC Holdings Plc knew that a company doing business with Iran was actually an affiliate of Huawei Technologies Co. One of Meng’s lawyers, Frank Addario, told the Supreme Court of British Columbia that the Department of Justice presented “misleading and unreliable” evidence when it described a meeting Meng had with an HSBC executive in a Hong Kong tea room in 2013." (Bloomberg, "HSBC Banker Knew About Dealings With Iran, Meng's Defense Argues," 3/1/2021).
https://www.youtube.com/watch?v=gwL2X0RpgGo