Banks overseeing Turkey’s fund liquidations sold about $254 million of blue-chip shares held by frozen funds off-market, in a move that could help remove an overhang on the country’s stock indexes bloomberg.com/news/articles/…
Turkey’s sovereign wealth fund is buying stakes in Togg from two of the electric carmaker’s original investors, in deals that value President Recep Tayyip Erdogan’s flagship industrial project at $900 million bloomberg.com/news/articles/…
Turkish authorities arrested Borsa Istanbul CEO Korkmaz Ergun on bribery charges, state-run Anadolu Agency reports bloomberg.com/news/articles/…
Turkish President Recep Tayyip Erdogan appointed Muhsin Atci, head of the nation’s tax inspection board, as chief of Turkey’s market regulator to help deal with an investment fund crisis that rocked financial markets bloomberg.com/news/articles/…
Turkey’s market regulator raised the threshold for qualified investors fivefold in the wake of a fund rout that rocked capital markets and erased billions of dollars of equity value bloomberg.com/news/articles/…
Tuğçe Özsoy retweeted
Additional statement from the brokerage saying the decision is unrelated to current developments.
“The Company has not conducted any capital markets activities or provided any investment services and activities or ancillary services to clients since 3 July 2015. Accordingly, the process initiated for the cancellation of the Company's operating license is essentially intended to align the Company's current legal status with the factual position”
Tuğçe Özsoy retweeted
Some of my comments on what can restore trust in Turkish financial markets (via @Bloomberg): bloomberg.com/news/articles/…
Inside the billion-dollar fund scandal rocking Erdogan's Turkey bloomberg.com/news/articles/…
Tuğçe Özsoy retweeted
Bugün Bloomberg olarak fon krizi öncesi ve sonrasında yaşananlara ilişkin haberimize erişemeyen çok kişi olmuş. Ücretli abonelik olmadan habere erişim sağlayan linki buraya bırakıyorum:
bloomberg.com/news/articles/…
Turkey’s market regulator has shut down three brokerages that ran funds now set to be liquidated, throwing hundreds of jobs in doubt and adding to the turmoil in the industry bloomberg.com/news/articles/…
Tuğçe Özsoy retweeted
Turkey’s market regulator chief stepped down on Monday during the fallout of a fund crisis that’s upended the country’s markets. Mahmut Sutcu cited health reasons, according to Anadolu Agency. bloomberg.com/news/articles/…
Tuğçe Özsoy retweeted
The crisis roiling Turkey’s investment industry may be spilling into its fast-growing corporate bond market, potentially crimping smaller companies’ access to financing.
with @inciozkasnak and @Daphniful bloomberg.com/news/articles/…
Tuğçe Özsoy retweeted
A surprise slowdown in Turkish price growth last month strengthens the case for a rate cut at the central bank’s October 22 meeting. From @berilakman @barisbalci @Daphniful
bloomberg.com/news/articles/…
X made nearly 500 accounts from journalists, economists, academics and other public figures inaccessible in Turkey in the past week, according to website that monitors internet censorship in the country bloomberg.com/news/articles/…
Turkey’s fund-industry crisis is inflicting some of its heaviest losses on smaller, less-liquid stocks bloomberg.com/news/articles/…
A crisis has engulfed Turkey’s asset managers bloomberg.com/news/articles/…
Tuğçe Özsoy retweeted
Now on @TheTerminal: Goldman Sachs analysts said Turkish investors exiting money market funds during a redemption crisis are most likely transferring a majority of their savings to lira deposits.
RT @uguruzyilmaz: Sorunlu fonların tasfiye edilmesi sürecinde, bir yetkilinin Bloomberg’e verdiği bilgiye göre yatırımcılarının geri ödeme…
This quoted post is unavailable.
Turkey froze assets tied to executives at several investment firms, expanding an investigation into a fund-industry crisis that has already triggered redemption failures, arrests and a sharp selloff in stocks bloomberg.com/news/articles/…
Turkish authorities on Saturday detained high-profile finance executives as part of an investigation into a “ponzi-like” funds scheme bloomberg.com/news/articles/…






