Why halkbank Is Trending Today?
Explore key developments that caused halkbank to trend — updated as the story unfolds.
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October 7, 2025 at 10:09 AM
Turkey's Halkbank faced a significant drop in its stock market value following the U.S. Supreme Court's rejection of its appeal against Iran sanctions-busting charges. The U.S. Supreme Court has denied Halkbank's immunity bid in a U.S. sanctions case, upholding the prosecution against the Turkish bank. Halkbank has released statements to the Public Disclosure Platform (KAP) in Turkey, addressing the U.S. court's decision and asserting that the legal process is not yet complete.