trending Market Intelligence /marketintelligence/en/news-insights/trending/xuS9D09BDaIf-PjScyWv8w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

US judge threatens Turkey's Halk Bankası with contempt charges

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

US judge threatens Turkey's Halk Bankası with contempt charges

A U.S. district court judge warned that he would hold Türkiye Halk Bankası AŞ in contempt and fine it if it continues to refuse to acknowledge the sanctions evasions charges brought against it by federal prosecutors in New York, Bloomberg News reported.

U.S. District Judge Richard Berman issued a hearing date for Feb. 10 and ordered lawyers to file contempt charges if the bank continues to ignore the court's summons, Bloomberg News said. Last week, Berman rejected Halkbank's request for a "special appearance" to dispute the U.S. court's jurisdiction over the case without formally responding to the charges, on grounds that there was no such established practice in criminal cases.

"If Halkbank wishes the district court to decide its jurisdictional motion, this international bank holds the key to unlock its dilemma: travel to New York and answer the charges or have its legal counsel do so," Berman said in the official ruling statement.

Meanwhile, Halkbank responded that it would use every legal right to challenge the decision and defend its stance that the U.S. court has no jurisdiction over the case considering the bank does not operate in the country, according to a Reuters report.

U.S. prosecutors filed charges in October against Halkbank for allegedly taking part in a multibillion-dollar scheme to evade sanctions.