Story perspectives

U.S. and Turkey Reach Tentative Deal Over Halkbank Charges

3/10/2026

Summary

Story summary

The U.S. Department of Justice has reached a tentative deal to resolve charges against Halkbank, the Turkish state-run lender.
The case began in 2019 and has included prosecutions amid political tensions.
The agreement follows Turkey's help in negotiating hostages' release after the Hamas attack in October 2023.
U.S. District Judge Richard Berman will hear the deferred prosecution agreement.
Prosecutors say national security considerations may favor Turkish President Recep Tayyip Erdogan.

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Story summary

The U.S. Department of Justice has reached a tentative deal to resolve charges against Halkbank, the Turkish state-run lender.
The case began in 2019 and has included prosecutions amid political tensions.
The agreement follows Turkey's help in negotiating hostages' release after the Hamas attack in October 2023.
U.S. District Judge Richard Berman will hear the deferred prosecution agreement.
Prosecutors say national security considerations may favor Turkish President Recep Tayyip Erdogan.