SBNY - Bunge to fill up Signature Bank's space in S&P 500
2023-03-14 02:52:40 ET
- Agribusiness and food company, Bunge ( BG ) will replace Signature Bank ( SBNY ) in the S&P 500.
- This will be effective prior to the opening of trading on Wednesday, March 15.
- The Federal Deposit Insurance Corporation or FDIC said that it has taken Signature Bank into FDIC Receivership and therefore it is no longer eligible for inclusion.
- Also read: Marathon Digital says ~$142M cash deposits at Signature Bank are 'secure' and First Republic Bank shares under pressure amid woes regarding SVB, Signature collapse .
For further details see:
Bunge to fill up Signature Bank's space in S&P 500