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NEW YORK(

TheStreet

) -- Financial stocks were down slightly Tuesday morning after Monday's Basel rally. The

Financial Select Sector SPDR

(XLF) - Get Financial Select Sector SPDR Fund Report

, a widely-followed exchange traded fund that tracks financial services stocks, was down three cents a share at $14.81. The

KBW Regional Banking index

(KRE) - Get SPDR S&P Regional Banking ETF Report

was off 18 cents at 22.89.

Winners of the day included

Deutsche Bank

(DB) - Get Deutsche Bank AG Report

and

Credit Suisse

(CS) - Get Credit Suisse Group AG Report

.

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Deutsche Bank shares were up $1.84 at $64.16 on news that the company was raising $12.5 billion and the company will be acquiring Postbank.Credit Suisse was up 55 cents at $47.14 on news that the bank

would not need to raise capital to maintain Basal III requirements

, according to a report by

Reuters

The biggest loser of the day was

American International Group

(AIG) - Get American International Group, Inc. Report

. The insurer's stock sunk 71 cents, to $36.21, on news that it is planning to end its aid from U.S. taxpayers that could begin in 2011. The plan calls for the Treasury Department to convert $49 billion in AIG preferred shares into common shares.

The common shares would gradually be sold off to private investors

, according to

The Wall Street Journal

.

Bank of America's

(BAC) - Get Bank of America Corp Report

stock was down 14 cents at $13.81 on news that the company was

selling off assets

to ease investors' concerns about the bank holding onto risky loans,according to a

Financial Times

article.

Also,

Citigroup

(C) - Get Citigroup Inc. Report

stock was down 4 cents at $3.95 after the bank said

it was, "very comfortable," with Basel III targets.

--Written by Maria Woehr in New York.

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Maria Woehr

.

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