BlackRock Kelso

Financial Sector Update: June 17, 2010

Financial issues are narrowly mixed before the bell, even though US banks including Citigroup (C), JP Morgan (JPM), and Bank of America (BAC) could pay a total of about $2 billion to pay the British tax on bankers bonuses, according to the Financial Times. Goldman Sachs (GS) alone is seen paying over $600 million in the second quarter. Investment adviser Kenneth Starr has been sued by City... ...