Iran Flags Banks as Target Leading to Evacuations, Closures

FiNews
2026.03.12 05:07
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The Iranian military has identified US-Israeli economic and banking interests as legitimate targets, prompting global financial institutions to evacuate and close operations. A warning was issued for people to stay at least one kilometer away from banks. This follows a bombing of a Tehran-based bank branch, which was condemned by Iran's state broadcaster. In response, banks like Citi, Standard Chartered, and HSBC are enhancing contingency plans and have begun evacuating staff and closing branches in the region for safety reasons.