Financial stocks fell premarket Friday, with the Financial Select Sector SPDR Fund (XLF) 1.5% lower recently.
The Direxion Daily Financial Bull 3X Shares (FAS) was down 4.3% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 4.2% higher.
Bank of America (BAC) said it will fully redeem on June 12 the 375 million Swiss francs ($454.6 million) principal amount outstanding of its 0.2525% senior notes due 2026. Shares of Bank of America fell by over 2% premarket.
Deutsche Bank (DB) is selling a significant risk transfer, or SRT, tied to $3 billion in corporate loans through transactions involving the sale of notes in exchange for yields that can frequently top 10%, Bloomberg News reported, citing unnamed sources familiar with the matter. Deutsche Bank shares were over 2% lower pre-bell.
The Swiss Federal Department of Finance, or FDF, said Friday it is contesting a ruling by the Federal Administrative Court that the reduction or cancellation of variable remuneration for former members of Credit Suisse's management during the company's takeover by UBS Group (UBS) was illegal. Shares of UBS Group declined by more than 2% premarket.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。