Turkey Probes JPMorgan After Lira’s Worst Slide Since 2018 Crash

Turkey Probes JPMorgan After Lira’s Worst Slide Since 2018 CrashThe Banking Regulation and Supervision Agency, known as BDDK, on Saturday said a research note a day earlier by two JPMorgan analysts that recommended selling the lira against the dollar had “misguiding and manipulative” content that resulted in volatility in markets and hurt the reputation of Turkish banks. The Capital Markets Board began its own investigation on similar grounds, according to a statement on its website.




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