Bunge Set to Join S&P 500

NEW YORK, March 13, 2023 /PRNewswire/ -- Bunge Limited (NYSE: BG) will replace Signature Bank (NASD: SBNY) in the S&P 500 effective prior to the opening of trading on Wednesday, March 15. The Federal Deposit Insurance Corporation (FDIC) announced that it has taken Signature Bank into FDIC Receivership and therefore Signature Bank is no longer eligible for inclusion.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name      

Action

Company Name

Ticker

GICS Sector

March 15, 2023

S&P 500

Addition

Bunge

BG

Consumer Staples


S&P 500

Deletion

Signature Bank

SBNY

Financials

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