Monday, November 21, 2011

Turkey Probes Banks Over Possible Rate Collusion - WSJ.com

Turkey Probes Banks Over Possible Rate Collusion

BY JOE PARKINSON

ISTANBUL—Turkey's Competition Board will launch an investigation into 12 banks, including the country's biggest lenders, to probe whether they have colluded in setting deposit and loan rates, government officials said Monday.

More:Turkey Probes Banks Over Possible Rate Collusion - WSJ.com