Sector Update: Financial Stocks Decline Premarket Thursday

MT Newswires Live03-12

Financial stocks were declining premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) falling by 1.3%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 3.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 3.8%.

Deutsche Bank (DB) shares were down nearly 6% after the company said in its annual report that it has about 26 billion euros ($30 billion) in exposure to private credit, an asset class facing rising scrutiny as investors pull back and concerns grow about loan quality.

UBS (UBS) is nearing a deal to settle with whistleblower Trevor Murray, a former bond analyst who alleged that the bank fired him in 2012 for refusing to publish misleading research, Reuters reported, citing a court filing. UBS stock was down more than 2% pre-bell.

Blue Owl's (OWL) private credit funds are facing scrutiny after Glendon Capital Management warned investors of hidden losses and misrepresented valuations, the Financial Times reported. Blue Owl Capital shares were down more than 3% premarket.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2618040132?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-12 21:20","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2618040132","market":"us","top_or_hot":-1,"title":"Sector Update: Financial Stocks Decline Premarket Thursday","media":"MT Newswires Live","content":"<html><body><p> Financial stocks were declining premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) falling by 1.3%.</p><p>The Direxion Daily Financial Bull 3X Shares (FAS) was 3.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 3.8%.</p><p>Deutsche Bank (DB) shares were down nearly 6% after the company said in its annual report that it has about 26 billion euros ($30 billion) in exposure to private credit, an asset class facing rising scrutiny as investors pull back and concerns grow about loan quality.</p><p>UBS (UBS) is nearing a deal to settle with whistleblower Trevor Murray, a former bond analyst who alleged that the bank fired him in 2012 for refusing to publish misleading research, Reuters reported, citing a court filing. UBS stock was down more than 2% pre-bell.</p><p><a href=\"https://laohu8.com/S/OBDE\">Blue Owl</a>'s (OWL) private credit funds are facing scrutiny after Glendon Capital Management warned investors of hidden losses and misrepresented valuations, the Financial Times reported. <a href=\"https://laohu8.com/S/OBDC\">Blue Owl</a> Capital shares were down more than 3% premarket.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sector Update: Financial Stocks Decline Premarket Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSector Update: Financial Stocks Decline Premarket Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-03-12 21:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Financial stocks were declining premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) falling by 1.3%.</p><p>The Direxion Daily Financial Bull 3X Shares (FAS) was 3.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 3.8%.</p><p>Deutsche Bank (DB) shares were down nearly 6% after the company said in its annual report that it has about 26 billion euros ($30 billion) in exposure to private credit, an asset class facing rising scrutiny as investors pull back and concerns grow about loan quality.</p><p>UBS (UBS) is nearing a deal to settle with whistleblower Trevor Murray, a former bond analyst who alleged that the bank fired him in 2012 for refusing to publish misleading research, Reuters reported, citing a court filing. UBS stock was down more than 2% pre-bell.</p><p><a href=\"https://laohu8.com/S/OBDE\">Blue Owl</a>'s (OWL) private credit funds are facing scrutiny after Glendon Capital Management warned investors of hidden losses and misrepresented valuations, the Financial Times reported. <a href=\"https://laohu8.com/S/OBDC\">Blue Owl</a> Capital shares were down more than 3% premarket.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4552","symbol_name":"Archegos爆仓风波概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2618040132","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2618040132","pubTimestamp":1773321644,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Financial stocks were declining premarket Thursday, with the State Street Financial Select Sector SPDR ETF  falling by 1.3%.The Direxion Daily Financial Bull 3X Shares  was 3.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares  was up 3.8%.Deutsche Bank  shares were down nearly 6% after the company said in its annual report that it has about 26 billion euros  in exposure to private credit, an asset class facing rising scrutiny as investors pull back and concerns grow about loan quality.UBS  is nearing a deal to settle with whistleblower Trevor Murray, a former bond analyst who alleged that the bank fired him in 2012 for refusing to publish misleading research, Reuters reported, citing a court filing. UBS stock was down more than 2% pre-bell.Blue Owl's  private credit funds are facing scrutiny after Glendon Capital Management warned investors of hidden losses and misrepresented valuations, the Financial Times reported. Blue Owl Capital shares were down more than","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4552":"Archegos爆仓风波概念","LU1863844665.USD":"TEMPLETON EUROLAND \"A\" (USD) ACC A","DB":"德意志银行","LU3187612489.SGD":"TEMPLETON EUROPEAN INSIGHTS \"A\" (SGDHDG) ACC","LU1829250122.USD":"高盛欧洲核心股票组合Acc","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","UBS":"瑞银","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","OWL":"Blue Owl Capital Inc.","FAS":"金融指数ETF-Direxion三倍做多罗素金融股","BK4118":"综合性资本市场","LU1863844749.USD":"TEMPLETON EUROLAND \"A\" (USD) INC","BK4566":"资本集团","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","XLF":"金融ETF","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE0034235071.USD":"PINEBRIDGE EUROPE RESEARCH ENHANCED EQUITY \"A\" (USD) ACC","BK4135":"资产管理与托管银行","BK4588":"碎股","FAZ":"三倍做空金融ETF-Direxion"},"translate_title":"行业更新：金融股周四盘前下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OWL":1,"FAS":1,"DB":1,"XLF":1,"FAZ":1,"UBS":1},"content_text":"Financial stocks were declining premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) falling by 1.3%.The Direxion Daily Financial Bull 3X Shares (FAS) was 3.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 3.8%.Deutsche Bank (DB) shares were down nearly 6% after the company said in its annual report that it has about 26 billion euros ($30 billion) in exposure to private credit, an asset class facing rising scrutiny as investors pull back and concerns grow about loan quality.UBS (UBS) is nearing a deal to settle with whistleblower Trevor Murray, a former bond analyst who alleged that the bank fired him in 2012 for refusing to publish misleading research, Reuters reported, citing a court filing. UBS stock was down more than 2% pre-bell.Blue Owl's (OWL) private credit funds are facing scrutiny after Glendon Capital Management warned investors of hidden losses and misrepresented valuations, the Financial Times reported. Blue Owl Capital shares were down more than 3% premarket.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2618040132","isCrawlerRequest":true}