S&P Global

S&P Global Inc. is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financial information and analytics. It is the parent company of S&P Global Ratings, S&P Global Market Intelligence, S&P Global Mobility, S&P Global Engineering Solutions, S&P Global Sustainable1, and S&P Global Commodity Insights, CRISIL, and is the majority owner of the S&P Dow Jones Indices joint venture. "S&P" is a shortening of "Standard and Poor's".

Some of the key events about S&P Global

1860
Founded as a financial publishing house in New York City
1941
Acquired Poor's Publishing, forming Standard & Poor's
1966
Launched the S&P 500 index, a key benchmark for the U.S. stock market
1975
Faced criticism for rating New York City bonds as investment grade shortly before the city's financial crisis
1984
Introduced the first municipal bond rating service
2001
Downgraded Enron's credit rating only days before the company's collapse, raising questions about rating timeliness
2008
Criticized for giving high ratings to mortgage-backed securities that later defaulted during the financial crisis
2011
Launched the S&P Global Clean Energy Index
2011
Downgraded U.S. credit rating from AAA to AA+, causing global market turmoil
2012
Acquired Platts, a leading provider of energy and commodities information
2013
Accused by the U.S. Department of Justice of fraudulently inflating ratings of mortgage investments
2015
Paid $1.5 billion to settle lawsuits related to inflated ratings during the 2008 financial crisis
2016
Rebranded as S&P Global to reflect its broader scope of services
2016
Fined $35 million by the SEC for alleged conflicts of interest in commercial mortgage-backed securities ratings
2017
Downgraded China's credit rating, sparking criticism from Chinese officials
2018
Introduced ESG (Environmental, Social, and Governance) scores for companies
2018
Barred from rating certain commercial mortgage bonds for alleged violations of industry standards
2020
Launched the S&P 500 ESG Index
2021
Agreed to pay $2.5 million penalty to settle SEC charges over CMBS ratings
2022
Completed merger with IHS Markit, expanding its data and analytics capabilities

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

Channel migrants and missing documents: UK's identification puzzle grows bigger

Netanyahu makes sudden change while missiles hit both sides in Middle East conflict

German chancellor makes shock decision that ends three-party government

Used car market grows as buyers avoid new vehicle purchases

How EU plans to fight back if Trump returns with new trade rules

Trump's win forces global right-wing politics to pick new direction

Secret Chinese ship sparks questions about Taiwan invasion plans

Latest Bank Rate cut wont help UK home-owners - heres what you should know

UK mortgage rates go up right after Bank of England drops interest rates

Trump's complete roadmap: From border control to government shake-up

Donald Trump

Keir Starmer

Vladimir Putin

Elon Musk

Benjamin Netanyahu

United Kingdom

Ukraine

United States

Russia

London

European Union

International Criminal Court

NATO

Tesla, Inc.

FTSE 100 Index

Boeing 777

Boeing 737

Boeing AH-64 Apache

USS Dewey

Kh-47M2 Kinzhal

Family business owners reveal how new tax rules force them to close or sell

Irish voters face tough choices as Trump's victory reshapes US relations

Meet the people who found unusual ways to avoid full retirement

French mayors demand end to UK border checks as Channel crossings rise

British security system changes put on hold as China relations shift direction