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Financial Sector Update for 01/03/2019: UBS, PCSB, CART, JPM, WFC, C, BAC, USB

Top Financial Stocks:

JPM: -1.25%

BAC: -0.96%

WFC: -0.40%

C: -0.82%

USB: Flat

Financial stocks were mostly lower in Thursday's pre-market trade.

In other sector news:

(-) UBS ( UBS ) was down more than 1% after reports that Chairman Axel Weber said that the Swiss bank has no plans to merge with struggling German lender Deutsche Bank ( DB ), which was also slightly lower after the news.

(=) PCSB Financial ( PCSB ) was unchanged as its PCSB Bank completed the conversion to a New York-chartered commercial bank from a New York-chartered savings bank.

(=) Carolina Trust BancShares ( CART ) was flat after it completed its previously announced acquisition of Clover Community Bankshares, Inc., parent company of Clover Community Bank.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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