Fitch Group: Acquire CreditSights, Inc.

  • Fitch Group a global leader in financial information services with operations in more than 30 countries
  • CreditSights empowers nearly 15,000 financial professionals among the world’s largest institutions with the credit-risk tools
  • Announced it acquires CreditSights, Inc., a leading provider of independent credit research to the global financial community
  • The company acquired from the founders, along with other shareholders and investors
  • Financial terms for the deal not disclosed, and closing subject to regulatory approvals and other customary closing conditions
  • Through the acquisition of CreditSights, Fitch Group complement its portfolio by adding a leading provider of relative value credit research
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...