Shares in Turkey's Halkbank jump 10% after U.S. court decision

Turkiye Vakiflar Bankasi TAO

19/04/2023 15:23

April 19 (Reuters) - Shares in Turkey's Halkbank
 HALKB.IS  surged 10% on Wednesday after the U.S. Supreme Court
threw out a lower court ruling that allowed a U.S. criminal
prosecution to proceed against the Turkish lender.  urn:newsml:reuters.com:*:nL1N36M1BN 
    After the decision, shares in Turkey's Vakifbank  VAKBN.IS 
rose 9.9% and the bourse's banking index went up more than 4%. 

 (Reporting by Oben Mumcuoglu; Editing by Daren Butler)
 ((oben.mumcuoglu@thomsonreuters.com))