Six Banks Reported Agreeing to $86.4M Bond Settlement
Six major banks' Mexican banking affiliates agreed to an $86.4 million settlement to end an eight-year U.S. antitrust lawsuit alleging coordination to rig prices and allocations in Mexico's government bond market, with the preliminary filing in Manhattan pending judicial approval. When combined with earlier settlements by Barclays and JPMorgan Chase, the deal would total about $107.1 million, and the banks deny wrongdoing while investors—led by pension funds—cite evidence of trader communications showing price manipulation from 2006 to 2017.
Finance · 7 sources · Aug 18, 2026Read itThe journal
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About Banco Bilbao Vizcaya Argentaria
Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company headquartered in Bilbao, with operative offices in Madrid. As one of the largest financial institutions globally, BBVA's core markets are primarily concentrated in Spain, Mexico, South America, and Turkey.
Everything about Banco Bilbao Vizcaya Argentaria →- Country
- Spain
- Headquarters
- Edificio del Banco de Bilbao, Ciudad BBVA
- Inception
- 1999
- Website
- https://www.bbva.com/, https://www.bbva.es/personas.html