09:01 AM EDT, 03/22/2024 (MT Newswires) -- Financial stocks were steady premarket Friday with the Financial Select Sector SPDR Fund (XLF) recently up 0.01%.

The Direxion Daily Financial Bull 3X Shares (FAS) rose by 0.03% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.6% higher.

UBS (UBS) plans to close thousands of small former Credit Suisse accounts at its Asia-Pacific wealth management arm, people familiar with the matter told Bloomberg News. UBS was up 0.1% in recent premarket activity.