Turkey has banned three major international banks — BNP Paribas, Citibank and UBS — from performing foreign exchange transactions with Turkish Lira. The country’s Banking Regulation and Supervision Agency (BDDK) cited the banks’ failure to meet their Turkish lira liabilities in time as the reason for its decision on Thursday. How long the ban will remain in force is unclear. Ironically, Berat Albayrak, Turkey’s finance minister — and son-in-law of ...