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Thursday, January 05, 2012

Turkish State-Run Halkbank Falls on Iran; BGC Says Buy - Bloomberg

Turkish State-Run Halkbank Falls on Iran; BGC Says Buy

By Benjamin Harvey - Jan 5, 2012 7:27 AM ET

Turkey’s state-run Turkiye Halk Bankasi AS (HALKB), which has an office in Tehran and handles oil payments to Iran, dropped on concern that it might be affected by additional sanctions on financial institutions dealing with Tehran.

More:Turkish State-Run Halkbank Falls on Iran; BGC Says Buy - Bloomberg