Top Financial Stocks:
Financial shares were mixed into Friday's opening bell.
Part of the transaction includes: WFC has agreed to purchase performing first mortgage commercial real estate loans valued at $9.0 billion in the U.S., UK and Canada. And, BX's BXMT, a publicly traded commercial mortgage REIT, agreed to purchase a $4.6 billion portfolio of first mortgage loans primarily in the U.S., with WFC providing the financing.
And, Franklin Resources ( BEN ), a global investment management company, reported late Thursday that preliminary month-end assets under management by the company's subsidiaries at March 31, 2015 declined 1.5% from the same month last year, and down 0.7% from the previous month.
BEN closed at $52.14, with a 52-week range of $49.12 - $59.43.
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