Reuters: May 13 An Iranian-owned bank based in Bahrain has appealed a decision by local authorities to place it in administration, in a case showing the vulnerability of Iran's business interests in the Gulf as political tensions rise.

Data in massive cache of leaked secret bank account files from HSBC’s Swiss banking arm was made public by dozens of major media outlets. Prominent figures, who were HSBC clients were implicated in these files, and among them was Bharain’s Crown Prince Salman Bin Hamad Al Khalifa.