SECURITIES

Salomon Bros. Fined $27.8 Million: Salomon Bros. will pay the United States a record $27.8-million fine to settle charges that it violated antitrust laws by coordinating the auction of Treasury notes. The settlement, largest ever reached with the department’s antitrust division, is part of a $290-million settlement among Salomon, the Justice Department and the Securities and Exchange Commission. The settlement resolves an antitrust suit the department brought against Salomon in May. The SEC had charged that Salomon was involved in 10 false bids totaling $15.5 billion at Treasury auctions between August, 1989, and May, 1991.