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Macro Finance

Turkey Turns to Two Big Banks to Liquidate Troubled Funds

Bloomberg Markets·September 18, 2026·1 min read

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. The move aims to contain fallout from mass outflows and stabilize the financial sector, as regulators step in to manage the unwinding of troubled funds.

Read at Bloomberg Markets
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