Turkey, a controversial bet of BBVA and at the discretion of Erdogan | markets

The market sanctioned BBVA on the stock market for its takeover bid for the 50.15% it does not hold in the Turkish bank Garanti, for an amount of 2,249 million euros. The Spanish entity has decided to allocate a large part of its excess capital to Turkey, a bet that strengthens the entity’s exposure to … Read more