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"We want to be the most recognised and the best".
(From Business Today (India))
Byline: Priyanka Sangani
When founded in 1913 by John Knowles Fitch, Fitch Ratings was actually a publishing company that sold data to Wall Street. But by 1924, Fitch had introduced the now popular "AAA to D" rating system. Today, Fitch Ratings is the third largest rating agency in the world, behind Moody's and Standard & Poor's. Yet, it's not size that it is chasing, says the agency's President & CEO, Stephen Joynt, who was in India recently for the first time on his way from Beijing, Shanghai and Hong Kong to the US. In an exclusive interview to BT's Priyanka Sangani, Joynt explained Fitch's philosophy and plans. ...
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