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Aykan Erdemir and Jonathan Schanzer
Aykan Erdemir and Jonathan Schanzer

Aykan Erdemir, a former Turkish parliamentarian, is senior director of the Turkey program at Foundation for Defense of Democracies, where Jonathan Schanzer, a former terrorism finance analyst at the U.S. Department of the Treasury, is senior vice president for research. They tweet @aykan_erdemir and @JSchanzer.

Turkish bank rulings should be a wakeup call for global financial institutions

Turkish banks are taking a beating in American courts. First, a federal judge in the Southern District of New York (SDNY) refused to dismiss an indictment accusing Halkbank, majority-owned by the...