Western Asset Management Co. reached a $100 million settlement with the Securities and Exchange Commission to resolve an investigation related to trading practices of its onetime star manager Ken Leech. “Western Asset did not take reasonable steps to ensure that …
Spanish Train Crash Kills at Least 64 People South of Madrid
A high-speed rail service slammed into another train south of Madrid on Wednesday, killing at least 64 people in the second major accident on Spain’s