JPMorgan, Barclays settle Mexican bond rigging litigation
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NEW YORK (Reuters) - JPMorgan Chase & Co and Barclays Plc will pay $20.7 million (£16.50 million) to resolve investors' claims they conspired to rig the Mexican government bond market, the first of nine banks in the proposed class-action litigation to settle.In a Monday night filing with the U.S. District Court in Manhattan, lawyers for the investors said the "ice breaker" settlements could be a catalyst for settlements with the other bank defendants.These defendants include affiliates of..