Pınar Öğünç writes: Uğur Durak has experienced the insecurity of advanced capitalism alongside bullying while working as a corporate expert portfolio manager. "You come to a point where you would do anything the boss says without question. This is slavery in modern times. I was a slave, too,” he says. Now that he is liberated from all of that but faces an uncertain future.
New regulation concerning online and digital banking services will ban bank representatives from asking about users' ID information to confirm their identities. Representatives will instead be asking about digital ID informations and PIN numbers.
Turkey’s BDDK bank regulator has dropped a trading ban imposed last week on UBS, Citigroup and BNP Paribas because they have fulfilled foreign exchange obligations promptly, according to a BDDK letter sent to banks on May 11. The short-lived ban was one of a few protective measures adopted by the government on May 7 when the Turkish lira tumbled intraday to 7.269 versus the dollar, its weakest ever.