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Turkish Market Clearinghouse CEO Resigns as Fund Probe Widens

Source: Bloomberg

Banking & LiquidityLegal & LitigationManagement & GovernanceEmerging Markets

Takasbank CEO Yunus Arinci resigned after being questioned by prosecutors in an investigation into Turkey’s fund crisis, according to people familiar with the matter. The report gives no further details on the investigation or the resignation’s impact on the bank.

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