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UPDATE 2-U.S. sanctions Lebanon's Jammal Trust Bank for ties to Hezbollah

UPDATE 2-U.S. sanctions Lebanon's Jammal Trust Bank for ties to HezbollahThe United States on Thursday sanctioned Lebanon-based Jammal Trust Bank SAL and its subsidiaries for allegedly facilitating the financial activities of Hezbollah, according to the Treasury Department, which said the bank funnels money to the families of suicide bombers. Since 1997, the United States has labeled Hezbollah a terrorist group, saying it threatens the peace and stability of the Middle East and is backed by Iran.




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