06:54 AM EDT, 10/17/2025 (MT Newswires) -- Barclays ( BCS ) , JPMorgan Chase ( JPM ) , Citigroup ( C ) , Deutsche Bank (DB), and Goldman Sachs ( GS ) shares declined in premarket trading Friday amid growing investor concerns about credit quality and sector-wide risks.
Western Alliance Bancorp ( WAL ) said Thursday it filed a lawsuit against Cantor Group V in August, alleging fraud related to a note finance revolving credit facility. Western Alliance claims Cantor failed to "provide collateral loans in first position, among other claims."
On the same day, Zions Bancorporation (ZION) disclosed a $50 million charge-off to be reflected in its third-quarter earnings, citing "apparent misrepresentations and contractual defaults" by two borrowers and their obligators. Zions shares, which dropped 13% Thursday, were down another 1% in premarket activity, while Western Alliance shares fell more than 1%.
Deutsche Bank ( DB ) and Barclays ( BCS ) shares were each down about 5% in recent premarket trading, while Citigroup ( C ), Goldman Sachs ( GS ), and JPMorgan ( JPM ) were down more than 1%.