Cash Arsenal Allows Erdogan to Weather Worst Crisis in Years [Yahoo! Finance Canada]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance Canada
reserves, fortifying a financial buffer that has proven critical in navigating market turbulence. Most Read from Bloomberg That war chest gave authorities the firepower to withstand the country's biggest crisis in nearly a decade, triggered by the detention of Istanbul Mayor Ekrem Imamoglu, President Recep Tayyip Erdogan's most formidable rival. When foreign investors began looking for an exit following the news that Imamoglu was taken into police custody on March 19 and the lira tumbled, the central bank moved swiftly, effectively intervening in currency markets and raising a key rate to stem the lira's decline. A week on and Erdogan now has largely put the crisis behind him. Turkish markets stabilized with the currency, stocks and government debt hove
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Earnings
- 10/16/24 - Beat
GS
Sec Filings
- 4/1/25 - Form 424B2
- 4/1/25 - Form 424B2
- 4/1/25 - Form 424B2
- GS's page on the SEC website