Turkey's banking watchdogs probing JP Morgan after its report allegedly sparked volatility in financial markets
The Capital Markets Board of Turkey also says it has launched a probe after receiving complaints that a JP Morgan report was"misleading" and caused speculation on the Istanbul bourse.
The BDDK watchdog said on Saturday it received complaints that a report JP Morgan published on Friday hurt the reputation of Turkish banks and caused volatility in financial markets. The Capital Markets Board of Turkey also said it has launched a probe after receiving complaints that a JP Morgan report was "misleading" and caused speculation on the Istanbul bourse.
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