Banks including JPMorgan and Bank of America conspired to fix prices on floating-rate municipal bonds, according to suit.
The mutual fund giant's assets under management fell 1% last year, but its revenue rose 12%.
MBS exchange-traded fund is seeing demand from investors looking for safety and a little more yield.
Bank was found guilty of helping French clients hide assets from tax authorities.
New progressive wing of the Democratic party is zooming in on biggest earners in effort to tackle rising inequality.
Penalties dwarf what bank set aside for legal issues and exceed earnings for all of last year.
Roll-up's latest addition has $640 million in assets
An acquittal would undercut PNF credibility because of large fines requested.
Bulk of the outflow occurred at Allianz unit Pimco.
Move steps up competition among fintech startups.
