Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), today announced a quarterly rebalancing and upcoming changes to the KBW Capital Markets Index (Index Symbol: KSXSM, ETF Symbol: KCESM), KBW Insurance Index (Index Symbol: KIXSM, ETF Symbol: KIESM), and KBW Regional Banking Index (Index Symbol: KRXSM, ETF Symbol: KRESM).
The following changes will be made to the KBW Indices, effective prior to the opening of business on Monday, March 23, 2009:
KIX |
Deletion: |
American International Group, Inc. (NYSE: AIG) |
Addition: |
Arch Capital Group Ltd. (NASDAQ: ACGL) |
KSX |
Deletion: |
E*TRADE Financial Corporation (NASDAQ: ETFC) |
Addition: |
Piper Jaffray Companies (NYSE: PJC) |
KRX |
Deletion: |
Colonial BancGroup Inc. (NYSE: CNB) |
The South Financial Group Inc. (NASDAQ: TSFG) |
Frontier Financial Corporation (NASDAQ: FTBK) |
Sterling Financial Corporation (NASDAQ: STSA) |
Addition: |
Community Bank System Inc. (NYSE: CBU) |
MB Financial Inc. (NASDAQ: MBFI) |
Pinnacle Financial Partners Inc. (NASDAQ: PNFP) |
S&T Bancorp, Inc. (NASDAQ: STBA) |
The KBW family of indices and exchange traded funds include: KBW Bank Index (Index Symbol: BKXSM, ETF Symbol KBESM); KBW Capital Markets Index (Index Symbol: KSXSM, ETF Symbol KCESM); KBW Insurance Index (Index Symbol: KIXSM, ETF Symbol KIESM); KBW Regional Banking Index (Index Symbol: KRXSM, ETF Symbol: KRESM) and KBW Mortgage Finance Index (Index Symbol: MFXSM).
About KBW
KBW, Inc. is the parent of Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and KBW Asset Management. Keefe, Bruyette & Woods, Inc. is a full service investment bank specializing in the financial services industry. Founded in 1962, it is widely recognized as a leading authority in the banking, insurance, brokerage, asset management, mortgage banking and specialty finance sectors. The firm has established industry-leading positions in the areas of research, corporate finance, mergers and acquisitions, as well as sales and trading for financial services companies.
Contacts:
Neil Shapiro, 212-754-5423
or
Jenna
Agins, 212-754-5613