Saturday, August 15, 2020

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Top Turkey Bankers Say They Were Fired on Regulators’ Orders

(Bloomberg) --Turkish authorities have extended their campaign against perceived political enemies into the $750 billion financial industry. Eleven former senior executives of non-state banks told...

Turkey Surprises With Big Rate Cut Again as Erdogan Won’t Let Up

(Bloomberg) -- The Turkish central bank delivered another interest-rate cut that exceeded forecasts, emboldened by the lira’s stability and egged on by President Recep...

Fade Food to help end Istanbul listings dearth with 2020 IPO

(Bloomberg) --Dried tomato exporter Fade Food will seek to list in Istanbul next year, according to its chairman, contributing to a nascent recovery in...