Turkey arrests Tera Holding president, financial sector officials in probe

Turkish authorities arrested Emre Tezmen, president of Tera Yatırım Holding, and Serdar Turhan of Pusula Holding, along with other financial-sector officials, as part of an ongoing investigation. The scope and charges remain unclear, but the arrests signal heightened state scrutiny of financial institutions. This could affect investor confidence in Turkey's financial sector.