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Turkey Floats Limit on Bank CEO Tenures After Ponzi Scandal

Markets

Isobel Finkel, Kerim Karakaya

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January 2, 2025

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Bloomberg

Turkey’s banking regulator has drawn up a plan to restrict the tenures of banking executives, a proposal that comes after high-profile accusations of a ponzi scheme at a bank with one of the nation’s longest-serving chief executive officers.

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