A Bank of America logo is seen on the entrance to a Bank of America financial center in New York City, U.S., July 11, 2023. REUTERS/Brendan McDermid/File Photo
A Bank of America logo is seen on the entrance to a Bank of America financial center in New York City, U.S., July 11, 2023. REUTERS/Brendan McDermid/File Photo
HSBC logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration/File Photo
HSBC logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Banks reach $86.4 million Mexican bond rigging settlement in Manhattan

August 17th, 2026 | 14:05 PM BUSINESS Finance 1

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By Reuters

Mexican banking affiliates of Bank of America (BAC.N), Banco Santander (SAN.MC), BBVA (BBVA.MC), Citigroup (C.N), Deutsche ​Bank (DBKGn.DE) and HSBC (HSBA.L) agreed to pay $86.4 million ‌to settle a long-running antitrust lawsuit by investors who accused them of rigging the market for Mexican ​government bonds.

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