Banks Wary of Potential Business with Cuba

U.S. banks are interested in opening trade relations with Cuba following the lifting of sanctions on the island, but for some in the industry doubt remains about doing business there.

Partner Andres Fernandez said, "Cuba continues to be on the list of nations that support terrorism and though banks are interested they won't venture into business until the island is removed from that list."

READ: Bank of EU Wary of Potential Business with Cuba