KING & SPALDING
OpenCalais Metadata: Ticker
OpenCalais Metadata: LegalName
US hawkish economic approach on China to intensify
In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, U.S. policy towards China has become more targeted under President Joe Biden -- though still hardline.
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Halkbank to appear in US court in sanctions case
Turkish state lender Halkbank will be arraigned in a U.S. court next week to face a federal indictment for alleged evading Iran sanctions.
The bank was represented by the law firm of King & Spalding at a hearing on Feb. 25 and attorneys said it agreed to appear at the proceedings.
Halkbank was charged in October with attempts to evade U.S. sanctions on Iran.
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US court grants Halkbank reprieve in sanctions case
A U.S. appeals court in Manhattan granted Turkish state lender Halkbank a temporary pause in its Iran sanctions evasion case.
The temporary stay in the case was granted on Feb. 3 to allow for the bank's requests to be heard by a three-judge panel.
The court said it would take up Halkbank's requests on an expedited basis.
Trump's FBI pick from law firm that 'helped Gülen-linked bank go international'
U.S. President Donald Trump's choice to lead the FBI is a white-collar defense lawyer with a strong law enforcement background. But in Turkey the nomination of Christopher Wray has raised eyebrows, with Turkish media reporting his previous involvement in helping Bank Asya, linked to the movement of U.S.-based Islamic preacher Fethullah Gülen, open its gates to international markets.