Monday, October 23, 2017

Turkey banking shares weaker, regulator dismisses Iran sanctions report

Turkey banking shares weaker, regulator dismisses Iran sanctions report

Daren Butler, David Dolan

ISTANBUL (Reuters) - Shares of Turkey’s banks and the lira currency fell on Monday as comments from the national banking regulator failed to erase investor concerns over a report that lenders could face substantial U.S. fines for evasion of Iran sanctions.

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