Top Financial Stocks:
JPM: Flat
BAC: -2.36%
WFC: Flat
C: -0.70%
USB: Flat
Most financial giants were lower in Tuesday's pre-bell trade.
In other sector news:
(-) Lloyds Banking Group (LYG) was down over 1% after saying Halifax, a division of its subsidiary Bank of Scotland, has agreed to acquire Tesco Bank's UK residential mortgage portfolio for about 3.8 billion-pounds ($4.60 billion) at a low single-digit premium.
(+) Deutsche Bank AG's (DB) Chief Executive Christian Sewing will invest 15% of his monthly net salary in the German bank's shares, Bloomberg and other media outlets reported, citing a regulatory filing from the company. Deutsche Bank was recently trading higher.
(=) S&P Global's (SPGI) Platts division said it acquired the UK-based Live Rice Index, a provider of information and benchmark price assessments for the rice industry. Terms of the deal were not disclosed. S&P Global was unchanged after the news.
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