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Turkish authorities on Saturday detained high-profile finance executives as part of an investigation into a “ponzi-like” funds scheme....

The Iranian lender has faced years of Western sanctions over alleged ties to Tehran's nuclear programme....

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Ein türkischer Fonds erzielte in drei Jahren eine Rendite von mehr als 66.000 Prozent. Doch der spektakuläre Erfolg endete in einer Liquiditätskrise, die den Aktienmarkt erschütterte....

Türkische Regierungsvertreter heizen die Debatte um Präsident Recep Tayyip Erdogan an: Ein Minister deutet eine weitere Amtszeit an, Berater sprechen von einer „letzten“ Kandidatur. Im Zentrum stehen Wahl 2028, Verfassung und die Opposition um Ekrem Imamoglu....

ADANA (dpa-AFX) - Der türkische Justizminister Akin Gürlek hat eine mögliche weitere Amtszeit für Präsident Recep Tayyip Erdogan angedeutet. Auf einer Versammlung der AKP-Provinzorganisation im südtürkischen Adana sagte er, im Jahr 2028 werde eine Wahl ......

Invest - Der türkische Aktienmarkt bleibt trotz staatlicher Stützungsversuche unter Druck....

The “Goldman Sachs of Turkey” is how they described their ambitions at the investment bank and brokerage Tera Group....

Turkey's sovereign wealth fund bought stocks on Thursday to prop up the nation's equity market, according to people with knowledge of the matter, the latest move to contain fallout from a crash in the country's fund management industry....

In Izmir's historic Kemeralti bazaar, the Akdemir family is finding new customers for a four-generation craft....

For a long time, it seemed little could stop Altunc Kumova, a discreet businessman who became one of Turkey's richest people after a meteoric rise in his finance firm's stock....

Turkish citizens piled into some high-profile investment funds in recent years, lured by extraordinary gains that would make many finance professionals pause....

Turkey has turned to two of its biggest banks to oversee the liquidation of 131 investment funds caught up in turmoil that has shaken the country's asset-management industry....

Turkish officials are trying to stop a meltdown at some of the country's most prominent asset managers from infecting the wider financial industry. Several top finance executives were either detained or given travel bans as part of a widening investigation related to mass outflows from asset managers this week. Bloomberg's Beril Akman reports. (Source: Bloomberg)...

Die türkische Verfassung setzt einer weiteren Kandidatur Erdogans enge Grenzen – eigentlich. Eine vorgezogene Wahl könnte es Erdogan jedoch ermöglichen, diese Hürde zu umgehen....

Turkish authorities said several top finance executives were detained while others were given a travel ban, according to a statement on Thursday, as part of an investigation related to mass outflows from some funds this week....

Der heute 72-Jährige war nach drei Amtszeiten als Ministerpräsident erstmals 2014 zum Präsidenten gewählt worden. Eine vorgezogene Wahl würde das Verbot einer neuerlichen Kandidatur aushebeln...

Turkish State Takes Near-Total Control Of US-Sanctioned Bank Over IRGC Ties On September 4, the US Treasury unveiled sanctions against a Turkey-based bank and two of its subsidiaries, accusing them of moving tens of millions of dollars on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC) Quds Force and facilitating Tehran's movement of funds across the international banking system.  It did not take long for the Turkish government to sweep in and act to contain the damage and what some interpret as a national reputational hit, which was one of the opening salvoes in the Trump/Bessent 'Economic D-Day' and secondary sanctions (Operation Economic Outcast) targeting Tehran and entities still doing business with the Islamic Republic. On Wednesday Turkey's banking regulator has taken over most shareholder rights of the US-targeted bank - the Golden ⁠Global Yatirim Bankasi - through the country's state deposit insurer, TMSF (Savings Deposit Insurance Fund). Turkish media notes that ...

Turkey Takes On Houthis? Any Support To Saudis Faces Huge Blowback Via Middle East Eye Turkey's new commitments to Saudi Arabia under the Mecca defence pact could increase the risk of Ankara being drawn into a confrontation with Yemen's Houthis, a development that could have significant consequences for Turkish supply lines to the Horn of Africa. Although Turkey has yet to ratify the pact, expected in October, continued Houthi attacks against Saudi Arabia, and Ankara's recent participation in the Saudi-led Multinational Maritime Defense Alliance make some form of confrontation possible. Several regional experts interviewed by Middle East Eye said Ankara does not want a clash with the Houthis. Instead, they suggested Turkey could use its relationships with Saudi Arabia and Iran to help defuse tensions while deploying military equipment to help Riyadh better defend itself.  A Turkish official told MEE that Riyadh had not formally requested Ankara's assistance under the Mecca pact, which br...