MSCI says it has deleted SVB parent from global standard indexes

FILE PHOTO: The MSCI logo is seen in this June 20, 2017 illustration photo. REUTERS/Thomas White/Illustration/File Photo

(Reuters) – Index provider MSCI Inc said on Monday it has deleted SVB Financial Group from global standard indexes.

The index deletions of the parent of failed Silicon Valley Bank will be effective on March 14, according to an email sent by a company representative.

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