RPT-UPDATE 2-Pandora Media's CEO Tim Westergren to step down
June 27 Pandora Media Inc's co-founder Tim Westergren stepped down as chief executive and board member, less than a month after Sirius XM agreed to invest in the music streaming company.
BOGOTA, July 22 Investment bank J.P. Morgan will not increase the weighting of Colombia's peso-denominated debt in one of its closely followed emerging market bond indices, the company said on Tuesday, correcting a note it issued earlier in the day.
J.P. Morgan will keep a 7.8 percent weighting of six Treasury bonds, known as TES, in its GBI-EM Global Diversified index.
Due to a typographical error, the company had incorrectly said it was setting a weighting of 8.8 percent for the six instruments that mature in 2016, 2018, 2019, 2022, 2024 and 2028.
"Please note that Colombia's final weight in the index at Sep 30th rebalance is projected at 7.8 percent, not 8.8 percent as noted earlier," the bank said in an update. (Reporting by Julia Symmes Cobb Editing by Brian Ellsworth, Toni Reinhold)
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv (Updates prices, adds details on euro move on Draghi)