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Turkey Halts Gulen-Linked Bank Asya Operations After Failed Coup

Turkey halted the operations of Bank Asya, an Islamic lender linked to exiled preacher Fethullah Gulen, as the government widened a purge after a failed coup attempt this weekend.

The ruling came from Turkey’s Savings Deposit Insurance Fund and trading in the lender’s shares will remain suspended, according to a stock exchange statement Monday.