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Markit to Acquire Fitch’s CDS Pricing Service

Markit to Acquire Fitch’s CDS Pricing Service

LONDON & NEW YORK–(BUSINESS WIRE)–Markit (Nasdaq:MRKT), a leading global provider of financial information services, today announced it has acquired the credit default swap (CDS) pricing service of Fitch Solutions. The transaction closed today. Financial terms were not disclosed. “Fitch continues […]

Marketplace Lending Witnessing Exponential Growth: Morgan Stanley

Marketplace Lending Witnessing Exponential Growth: Morgan Stanley

Despite investors expressing concerns that the marketplace lending universe will be among the first to feel the heat amidst the weakening financial market, it has been witnessing exponential growth over the last few years, reports Morgan Stanley. Considering the Asset-Backed Securities (ABS) […]