Turkey central bank makes emergency intervention after fund liquidity crisis; 130 funds in liquidation, $21.4bn and 353,000 investors frozen

Turkey's central bank made an emergency intervention after a liquidity crisis in investment funds, officials calling it a "fund run". Regulators put 130 funds into liquidation, leaving $21.4bn and 353,000 investors in limbo, and referred 38 people to prosecutors.

Detected & updated continuously · Source: Nebula