Posts Tagged Brokerage
Profound Shift In Liquidity Risk
Macro View

Profound Shift In Liquidity Risk

On Sep 15 an article appeared on Bloomberg that drew a gloomy picture for the brokerage services industry in Turkey. Some important highlights from the article are as follow:

About one third of brokerages posted losses in the first quarter. Austria-based Erste and Kuwait-based Burgan are eliminating jobs while Moscow’s Renaissance Capital is planning to...
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