Citibank
Erdoğan to meet American CEOs in September
President Recep Tayyip Erdoğan will meet with CEOs of some of the largest American companies in September, Türkiye-U.S. Business Council (TAİK) Chair Mehmet Ali Yalçındağ has announced.
Erdoğan will attend the round table meeting with the chief executives of 25 companies on the Fortune 100 list on Sept. 20, Yalçındağ said.
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Turkey removes 3 foreign banks' FX transactions ban
Turkey on May 11 removed foreign exchange transactions bans with Turkish lira for three foreign banks -- BNP Paribas, Citibank, and UBS.
After banks fulfilled their Turkish lira commitments, the restrictions were removed, according to the information given by Turkey's Banking Regulation and Supervision Agency (BDDK).
Turkey bars 3 foreign banks from FX transactions
Turkey has blocked three foreign banks- BNP Paribas, Citibank, and UBS- from doing foreign exchange transactions with the Turkish lira, the nation's banking watchdog announced on May 7.
These banks failed to complete their Turkish lira commitments and so defaulted, said Turkey's Banking Regulation and Supervision Agency (BRSA).
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Herro Mustafa: Bulgarian Medical Professionals and Community Volunteers have Shown Remarkable Strength
"United against COVID-19" will support projects that assist vulnerable groups affected by the crisis, including medical staff, people with disabilities, the elderly, children, minorities, the homeless, the unemployed, single parents and others, the US Embassy in Bulgaria reported.
Staikouras in Washington for IMF, World Bank meetings
Greek Finance Minister Christos Staikouras is heading to Washington to attend the annual meeting of the International Monetary Fund (IMF) and the World Bank.
Moody’s not expected to change rating
Citibank expects credit rating agency Moody's to keep its rating on Greece's debt steady at B1 while improving its outlook from stable to positive.
Moody's, along with Standard & Poor's, rates Greece's debt four levels below investment grade, while Fitch rates Greece a level above.
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Andreas Verykios replaces Michelis as HFSF chief
Greece's bank rescue fund HFSF said on Tuesday that Andreas Verykios has been appointed as chairman of its general council, succeeding Giorgos Michelis.
Verykios was formerly deputy director general for lending operations at the European Investment Bank until 2008 and head of human resources at the EIB from 2000 to 2005.
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Bulgarian Credit Risk Manager is Suing Citibank Because of Racial Discrimination
Bulgarian citizen Georgi Mechkarov, a former employee of Citibank in the UK, has filed a lawsuit against the employer which lasts for two years and nine months, accusing the bank of racial discrimination, mediapool said.
Arrested Turkish-Iranian businessman Reza Zarrab receiving treatment for depression
The arrested Turkish-Iranian businessman Reza Zarrab, who is being tried in the U.S. on charges of fraud, violating sanctions on Iran, committing bankruptcy fraud, and laundering money, has reportedly been diagnosed with depression.
Zarrab jury trial suspended by nine months
A jury trial against Turkish-Iranian businessman Reza Zarrab that was scheduled to begin on Jan. 23, 2017, has been suspended until Oct. 16 after the judge in the fraud case ruled that the defendant's legal team required extra time to prepare for an additional indictment regarding Zarrab's alleged ties to Hezbollah.
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