FIMALAC

AcronymDefinition
FIMALACFinancière Marc Ladreit de Lacharrière (French holding company)
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T had a classical education, and was interested in our classical cultural heritage and always attracted to everything Greek, Roman, Etruscan or Mycenaean in the Louvre.' He continues: 'When I founded Fimalac, I felt and still feel--that a successful entrepreneur has to be of service to the city in which he lives.
Provider of enterprise risk management solutions and services Algorithmics, a subsidiary of Fimalac (Euronext: FIM), has acquired VIPitech from Towers Watson.
Bio Notes: From 1990-2008 she was director and COO of Fimalac developpement, an internationally listed financial services company, where she currently serves as president.
It is a majority-owned subsidiary of Fimalac, S.A., Paris, France.
The Fitch Group is a majority-owned subsidiary of Fimalac, S.A., headquartered in Paris, France.For additional information, please visit www.fitchratings.com www.algorithmics.com and www.fimalac.com
The US Securities and Exchange Commission plan calls for stricter disclosure requirements and business practices for credit rating firms such as Moody's Corporation, McGraw-Hill Co Inc's Standard & Poor's and Fimalac SA's Fitch Ratings.
(14.) To give but two examples of well-known figures in France: Marc Ladreit de Lacharriere who set up Fimalac, a business-to-business services specialist, built around three core businesses: ratings with Fitch, the world's third largest rating agency, hand tools with Facom, the European leader in this area and chemicals storage with LBC, world's number 2.
Thomson has agreed to sell BankWatch, its bank ratings business, to Fimalac SA of France while, in Argentina, Thomson acquired legal publisher La Ley SAEI for US$100 million.
16 April 2018 - US-based media company Hearst has purchased from Fimalac S.A.
de Lacharriere is the controlling shareholder of Fimalac, S.A., which owns a 20% equity interest in Fitch.
He is chair and CEO of Fimalac, a French holding company that owns minority stakes in Fitch Ratings and Warburg Pincus.
Hearst acquired the stake from Fimalac SA, Fitch's French parent company, which continues to own 60 percent of the business.