09:19 AM EDT, 06/17/2024 (MT Newswires) -- Financial stocks were declining pre-bell Monday, with the Financial Select Sector SPDR Fund ( XLF ) 0.3% lower recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 1%, and bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.7% higher.

Deutsche Bank ( DB ) has agreed to buy a portfolio of about 1.67 billion euros ($1.79 billion) in aircraft financing from NordLB, which is leaving the sector to focus on its core businesses, NordLB said. Deutsche Bank ( DB ) was up over 1% premarket.

UBS (UBS) was more than 1% higher after saying it is offering to redeem units of the failed Credit Suisse's Supply Chain Finance Funds at 90% of net asset value as of February 25, 2021, minus payments made to fund investors through newly established feeder sub-funds.

Carlyle Group ( CG ) is considering a sale of electric power company Cogentrix Energy, the Financial Times reported, citing unnamed people familiar with the matter. Carlyle Group ( CG ) was up 0.1% pre-bell.