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Finance & Markets

Turkey to Start Payments to Investors Caught in Fund Crisis

Turkey’s markets regulator ordered interim payments of as much as 1 million liras ($20,400) to investors whose money has been trapped in some funds being liquidated as authorities try to contain a crisis that has shaken the country’s financial markets.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Nubank denies active Monzo takeover talks after shares plunge

Brazilian fintech Nubank has denied it is in active takeover talks with digital bank Monzo after shares in the firm plunged on speculation of a deal. The Latin American giant denied on Wednesday night that it was pursuing an acquisition of the UK fintech darling. While the firm said it does not generally comment on [...]

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