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KBW Announces Changes to KBW Capital Markets Index (KSX) - Sep 16 2008 1:07AM
Tuesday, September 16, 2008 1:07 AM


(Source: Business Wire)trackingKeefe, 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 upcoming changes to the KBW Capital Markets Index (Index Symbol: KSX(SM), ETF Symbol: KCE(SM)).

Effective prior to the opening of business on Wednesday, September 17, 2008, Lehman Brothers Holdings Inc., (NYSE: LEH), a component of the KSX, will be deleted, as it filed a Chapter 11 petition with U.S. Bankruptcy Court in Manhattan today. LEH will be replaced by Stifel Financial Corp. (NYSE: SF) within the index.

The KBW family of indices and exchange traded funds include: KBW Bank Index (Index Symbol: BKX(SM), ETF Symbol KBE(SM)); KBW Capital Markets Index (Index Symbol: KSX(SM), ETF Symbol KCE(SM)); KBW Insurance Index (Index Symbol: KIX(SM), ETF Symbol KIE(SM)); KBW Regional Banking Index (Index Symbol: KRX(SM), ETF Symbol: KRE(SM)) and KBW Mortgage Finance Index (Index Symbol: MFX(SM)).

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.



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