Financial tidbit: heads roll as Iran’s bank presidents draw criticism for high salaries.

President Rouhani’s Minister of Finance may have fired presidents of some of Iran’s largest banks. The banks in question include at least the Bank Mellat and Bank Saderat.

This action is likely an example of hardliner pressure on Rouhani. The President is most definitely responding to a decree by Supreme Leader Ayatollah Khamenei. Hardliners probably got to Khamenei, convincing him that this was the politically expedient move to make.  

The maneuver is likely linked to the effort to fix in the public eye an image of corruption on the Rouhani Administration. This tactic is probably linked to next year’s presidential election.