3 ms·
It sounds like it is the latter. The company they mention in the article (Yatirim Finansman) literally translates to "Investment Financing". A name so generic t
by therein 11y ago
It sounds like it is the latter. The company they mention in the article (Yatirim Finansman) literally translates to "Investment Financing". A name so generic that it just has to be a front. The article points out how this was a small volume brokerage firm that suddenly started executing this entity's trades and started dominating the market in terms of volume.
- coverband 11y agoMaybe the name sounds generic because of this: "Yatırım Finansman (YF Securities), Turkey's first brokerage house, was founded on October 15, 1976 by 13 major banks led by Isbank and the Industrial Development Bank of Turkey (TSKB)."[+] [+] http://www.yf.com.tr/YF/en/about-us/yf-securities-in-brief.aspx http://www.yf.com.tr/YF/en/about-us/yf-securities-in-brief.a...
- therein 11y agoVery interesting. That's more than enough to at least make them a legitimate financial entity. I wonder how much control the government has over YF at this point in time.