Halk smashed as US bangs up banker

By Virginia Furness
30 Mar 2017

Halkbank has hit back against claims of any wrongdoing following the arrest of its deputy CEO Mehmet Hakan Atilla, while on an investor roadshow on Monday. The bank denies any involvement in breach of US sanctions but its planned tier two bond remains on hold as the market awaits further clarity, writes Virginia Furness.

Atilla was detained on Monday night following the completion of a three day roadshow for a planned Basel III compliant capital bond which started in London last Thursday, before moving to Boston on Friday and New York on Monday.

The deputy CEO, who is in charge of international ...

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