Goldman Opens Istanbul Office as Turkey Pushes Asset Sales
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Goldman Sachs Group Inc. is opening an office in Istanbul in preparation for asset sales in Turkey estimated to total as much as $20 billion this year.
Goldman Sachs was approved to market its investment-banking services in Turkey in September, effective at the start of this year, said Osman Uzun, a spokesman for the banking regulator. Joseph Stein, a spokesman for New York-based Goldman Sachs, confirmed the approval and declined to comment further.