- DBRS is a credit rating agency founded in 1976 in Toronto by Walter Schroeder, who sold the company to a consortium led by The Carlyle Group and Warburg Pincus in December 2014
DBRS Net worth 2024 (estimated)
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DBRS facts
- DBRS is the largest rating agency in Canada with other offices in New York, Chicago, and London
- DBRS comprises three affiliated operating companies – DBRS Limited; DBRS, Inc
- ; and DBRS Ratings Limited
- Daniel Curry is the agency’s CEO
- DBRS is the fourth largest ratings agency in the world, with about a 2
- 5% global market share
- DBRS is registered as a Nationally Recognized Statistical Rating Organization from the United States’ Securities and Exchange Commission (SEC), one of only 10 companies to hold the designation
- DBRS is also registered with the European Securities and Markets Authority (ESMA) and with the Ontario Securities Commission (OSC) in Canada
- The company is one of only four CRAs, along with larger competitors Standard & Poor’s, Moody's Investors Service, and Fitch Ratings, to receive ECAI recognition from the European Central Bank (ECB)
- That designation indicates CRAs whose ratings can be used by the ECB to determine collateral requirements for borrowing from the ECB
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