Wells Fargo Bank

The richest people in the world have lost $ 114 billion due to the sharp drop in US stock markets on Monday, Bloomberg said.

Bloomberg refers to its real-time "list of billionaires" in connection with market quotes of assets.

Among 550 businessmen on the list, 18 people lost more than $ 1 billion on Monday night.

Turkish lender Yap? Kredi said on May 4 it had made a 364-day and 367-day syndicated loan agreement comprised of a U.S. dollar tranche of $513 million and a euro tranche of 835 million euros.

?This syndication is the successful refinancing of Yap? Kredi?s existing syndication loan signed in April 2014 with a roll-over ratio of above 114 percent,? the bank said in a statement.