Naci Agbal's dismissal triggers currency slide and raises questions about direction of economic policy.
Latest articles from Databank
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March 8, 2021Record low for the country’s currency in early March sparked angry protests, and there is little sign of improvement on the horizon.
'Fear index' hit a record high in 2020
March 1, 2021The Vix, which measures volatility in the S&P 500, hit a peak in March 2020 and remained elevated throughout the year.
Ulster Bank confirms withdrawal from Ireland
February 22, 2021Withdrawal of country's third-largest retail bank will see banking provision concentrated further.
Nine banks take up ECB capital relief measures
February 8, 2021While European banking sector remains resilient, Covid-19 credit risks still pose challenges.
Commerzbank to slash branch network
February 1, 2021Germany’s second largest bank plans to near-halve its branch network and cut workforce by a fifth.
Sustainable finance bond issuance hit all-time high in 2020
January 25, 2021Record total driven by a significant increase in 'social and sustainability' fixed income issuance.
Saudi Arabia steps up efforts to reboot economy
January 18, 2021Gulf kingdom reportedly seeking to snatch multinationals from Dubai, as sovereign wealth fund ramps up investment.
Global investment banks outlook ‘stable’ for 2021
January 4, 2021The world’s largest investment banks are in a relatively strong position to handle any further economic headwinds, according to Moody's.