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Halkbank

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Turkey’s Halkbank shares jump after US prosecution put on hold

Turkey's Halkbank shares climbed more than eight percent on Monday after a US appeals court put its prosecution by the federal government, for allegedly...
Headline

Turkish banker recounts memories of US sanctions evasion trial in book

A top Turkish banker convicted by the US of helping Iran evade US sanctions has written a book that includes his recollections of the...
Business

Controversial Halkbank commercial raises questions of profiteering on Turkish lira

A TV commercial released by Turkish state lender Halkbank less than 24 hours after President Recep Tayyip Erdoğan’s announcement on Monday of an emergency...
Business

US-convicted banker quits as İstanbul exchange chief

A top Turkish banker convicted in the US of busting sanctions on Iran resigned on Monday as the chief executive of the İstanbul stock...
Diplomacy

Halkbank case in US court could trigger an economic crisis like 2001: report

Turkey could plunge into an economic crisis like one that occurred in 2001 if a United States court rules that Turkish state lender Halkbank...
Business

US judge overseeing criminal case against Turkey’s Halkbank will not recuse himself: report

Turkish state lender Halkbank has lost a bid to have the US judge overseeing a criminal case accusing it of helping Iran evade American...
Business

Turkey’s Halkbank urges dismissal of US indictment in Iran sanctions case: report

Halkbank on Monday urged a US judge to dismiss an indictment accusing the Turkish lender of helping Iran evade US sanctions, saying it was...
Diplomacy

Turkey’s Halkbank again insists on US judge’s recusal in Iran sanctions evasion case

The American lawyers of Turkey’s state-run Halkbank filed a new motion on Tuesday insisting that federal judge Richard Berman recuse himself from the bank’s...
Diplomacy

US court upholds former Halkbank executive’s conviction in Iran case: report

A Turkish banker was properly convicted of helping Iran evade US sanctions in a case that strained relations with Turkey, a federal appeals panel...
Diplomacy

Turkey’s Halkbank to seek removal of US judge in Iran sanctions case: report

Halkbank will ask the US judge overseeing a criminal case accusing it of helping Iran evade American sanctions to recuse himself, a lawyer for...
Diplomacy

Turkey’s Halkbank shares surge by 8 pct after firing of US prosecutor in sanctions case

Shares in Turkish state lender Halkbank surged 8 percent on Monday after US Attorney in Manhattan Geoffrey Berman, who was overseeing a court case...
Business

Fitch cuts rating of Turkey’s Halkbank, lowers outlook of state-run banks: report

Fitch Ratings has cut the Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) of Turkey’s state-run Halkbank, citing the nation’s declining foreign currency reserves and the risk of...
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