09:18 AM EDT, 03/27/2026 (MT Newswires) -- Financial stocks were declining pre-bell Friday, with the State Street Financial Select Sector SPDR ETF (XLF) down 0.5%.

The Direxion Daily Financial Bull 3X Shares (FAS) was 1.5% lower and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was up 1.6%.

Barclays ( BCS ) has been hit with a 1.65 million-euro ($1.91 million) fine from the Federal Financial Supervisory Authority for a breach of supervisory duties in connection with contraventions of the German Securities Trading Act. Shares of Barclays ( BCS ) were down more than 1% premarket.

Banco Santander (SAN) said it is reaffirming its long-term financial targets despite the ongoing global macro uncertainty, citing the stability of its diversified business model. Shares of Banco Santander were 0.2% lower pre-bell.

International Exchange (ICE) said it has completed a new $600 million direct cash investment in Polymarket, as part of its ongoing investment arrangement with the prediction market platform. International Exchange stock was down 0.2% premarket.