UK Firm With Tera Ties Had Record Year Before Turkey Fund Crisis

A brokerage in London with links to Tera Yatirim Menkul Degerler AS, the firm at the center of Turkey’s fund meltdown, had a record 2025 fueled by a 283% surge...

By Kerim Karakaya and Donal Griffin · Bloomberg Markets

A brokerage in London with links to Tera Yatirim Menkul Degerler AS, the firm at the center of Turkey’s fund meltdown, had a record 2025 fueled by a 283% surge in stock trading income.