Turkish Halkbank is in negotiations with the U.S. Department of Justice over an extension of the indictment agreement

LootboxPhobia · 2026-03-09T15:24:53+00:00

A New York judge stated that Turkey's Halkbank is in discussions with the U.S. Department of Justice regarding a deferred prosecution agreement related to Iran sanctions, with a status conference scheduled for March 11. Following the announcement, Halkbank's stock price rose by 5.8%. The case involves allegations that Halkbank circumvented U.S. sanctions against Iran.

LootboxPhobia

2026-03-09 15:24:53

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Investing.com – A New York judge announced on Monday that Turkey’s Halkbank (IS:HALKB) is in discussions with the U.S. Department of Justice regarding a deferred prosecution agreement related to Iran sanctions.

The court proceedings for the case are scheduled for Wednesday, March 11. At that time, the U.S. Department of Justice and Halkbank will discuss the deferred prosecution agreement and related documents during a status conference in U.S. court.

Following the announcement, the stock price of this Turkish bank rose by 5.8% in Istanbul.

The case involves allegations that Halkbank participated in circumventing U.S. sanctions against Iran.

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