KBW changes its Regional Banking Index.
BANKING AND CREDIT NEWS-May 30, 2013-KBW changes its Regional Banking Index(C)2013 M2 COMMUNICATIONS http://www.m2.com
30 May 2013 -- Stifel Financial Corp. (NYSE: SF) subsidiary Keefe, Bruyette & Woods, Inc. reported that prior to the opening of business on Monday, June 3, 2013, PacWest Bancorp (NASDAQ: PACW), a member of the KBW Regional Banking Index (KRXSM), will undergo an increase in shares due to the expected closing of a recent acquisition.
The KBW indices have ten tradable exchange-traded funds licensed: KBW Bank Index (Index Ticker: BKXSM, ETF Ticker: KBWBSM); KBW Capital Markets Index (Index Ticker: KSXSM, ETF Ticker: KBWCSM); KBW Insurance Index (Index Ticker: KIXSM, ETF Ticker: KBWISM); KBW Regional Banking Index (Index Ticker: KRXSM, ETF Ticker: KBWRSM, KRSSM, KRUSM); KBW Financial Sector Dividend Yield Index (Index Ticker: KDXSM, ETF Ticker: KBWDSM); KBW Premium Yield Equity REIT Index (Index Ticker: KYXSM, ETF Ticker: KBWYSM); KBW Property and Casualty Insurance Index (Index Ticker: KPXSM, ETF Ticker: KBWPSM); and KBW Global (Ex. US) Financial Sector Index (Index Ticker: KGXSM, ETF Ticker: KBWXSM).
KBW LLC operates in the US and Europe through its broker dealer subsidiaries, Keefe, Bruyette & Woods, Inc. and Keefe, Bruyette & Woods Ltd. Founded in 1962, the firm maintains industry-leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.
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|Publication:||M2 Banking & Credit News (BCN)|
|Date:||May 30, 2013|
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