09:21 AM EST, 11/26/2024 (MT Newswires) -- Financial stocks were steady pre-bell Tuesday as the Financial Select Sector SPDR Fund (XLF) was flat recently.

The Direxion Daily Financial Bull 3X Shares ( FAS ) was down 0.1% and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was 0.2% higher.

Wells Fargo ( WFC ) is in the final stages of passing regulatory hurdles in order to lift a $1.95 trillion asset cap next year, Reuters reported, citing three sources familiar with the situation. Wells Fargo ( WFC ) shares were up over 1% premarket.

UBS (UBS) is on track to fully acquire UBS Securities after its joint venture partner, Beijing State-owned Asset Management, or BSAM, decided to sell its 33% stake in the Beijing-based securities brokerage, Reuters reported, citing a spokesperson for the bank. UBS shares were down more than 2% premarket.

JPMorgan Chase ( JPM ) is pursuing deals to finance early closings of a number of coal power plants, Bloomberg reported, citing an interview with Andre Abadie, managing director of JPMorgan's ( JPM ) Centre for Carbon Transition. JPMorgan Chase ( JPM ) shares were 0.1% lower pre-bell.