(Bloomberg) -- Ten major US and European banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co. and BNP Paribas SA, plan to pay a combined $46 million to end a lengthy legal battle with pension plans that accused them of conspiring to block competitors in interest-rate swaps trading. Most Read from BloombergBiden’s Disastrous Debate Accelerates Doubts Over CandidacyBiden Struggles as He Spars With Trump on Economy: Debate TakeawaysBiden Struggles Against Trump in High-Stakes 2024 Debate
The sector with the highest volume of buying in June were energy stocks, which followed the price of Brent crude oil as it climbed through the month.
Goldman Sachs has raised $3.4 billion for its Vintage Real Estate Partners III fund, which specifically invests in shares of real estate funds. This capital will be used to purchase stakes in these funds, often involving owning parts of large property portfolios or development projects. The $3.4 billion pool is one of the biggest amounts of money aimed at buying shares in private real estate funds. It’s 23% more than the $2.75 billion Goldman Sachs raised for a similar fund in 2020. In May, Gold