Six banks' Mexican affiliates agreed to pay $86.4 million to resolve investor antitrust claims, without admitting wrongdoing. The proposed settlement still requires approval by a federal judge.
Net profit attributable to shareholders reached €1.64 billion as fixed-income trading and advisory revenue beat forecasts, offsetting an 8% increase in expenses and the cost of leaving Indian retail banking.
U.S. investment-grade bond funds lost $7.1 billion in the week to July 22 as higher oil prices, Treasury yields and credit spreads punished long-duration fixed-rate debt.
