Moody's Company History Timeline

1909
In 1909, Moody began publishing Moody's Analyses of Railroad Investments, which added analytical information about the value of securities.
1913
John Knowles Fitch founded the Fitch Publishing Company in 1913, providing financial statistics for use in the investment industry via The Fitch Stock and Bond Manual and The Fitch Bond Book.
1923
In 1923, Fitch introduced the AAA through D rating system that has become the basis for ratings throughout the industry.
1924
1924 Moody's ratings system encompasses stocks and the entire United States bond market.
1929
When the stock market crashed in 1929 and ushered in the Great Depression, John Moody did not lose his business like before.
1962
1962 Moody's is bought by Dun Bradstreet Corporation.
1970
The credit ratings industry began to adopt some important changes and innovations in 1970.
1975
In 1975, financial institutions such as commercial banks and securities broker-dealers sought to soften the capital and liquidity requirements passed down by the Securities and Exchange Commission SEC . As a result, nationally recognized statistical ratings organizations NRSROs were created.
1996
In January 1996 D B announced its intention to divide into three public companies to better serve its shareholders and market segments.
1998
1998 Moody's buys a 10 percent stake in Korea Investors Service.
1999
Moody's sales for 1999 had reached 564.2 million, with net income just shy of 156 million.
2000
2000 Moody's Investors Service is spun off from Dun Bradstreet and becomes a public company.
2001
As Bethany McLean pointed out in a Fortune profile of Moody's and S P in December 2001, The weight their opinions carry make their judgments critical--but also complicated.
2002
2002 Moody's Corporation acquires the San Francisco-based KMV for 212.6 million.
2005
Fitch began to develop operating subsidiaries specializing in enterprise risk management, data services, and finance-industry training starting in 2005 with the acquisition of a Canadian company, Algorithmics, and the creation of Fitch Solutions and Fitch Training now Fitch Learning .
2006
Congress passed the Credit Rating Agency Reform Act of 2006, allowing the SEC to regulate the internal processes, record-keeping, and certain business practices of CRAs.
2008
By 2008, Moody s Analytics formed as a separate and independent entity from Moody s Investors Service.
2010
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, commonly referred to as Dodd-Frank, further grew the regulatory powers of the SEC including the requirement of a disclosure of credit rating methodologies.
Founded
1909
Company Founded
Headquarters
New York, NY
Company Headquarter
Founders
John Moody
Company Founders

Similar Companies

Company NameFounded DateRevenueEmployee Size
Bloomberg1990
Bloomberg
1990
1990
$9.6B
$9.6B
20,000
20,000
Fitch Ratings1914
Fitch Ratings
1914
1914
$1.7B
$1.7B
4,500
4,500
Reis1980
Reis
1980
1980
$46.9M
$46.9M
289
289
Credit Suisse1856
Credit Suisse
1856
1856
$21.8B
$21.8B
45,680
45,680
Federal Reserve System1913
Federal Reserve System
1913
1913
$5.5B
$5.5B
5,000
5,000
Deutsche Bank1870
Deutsche Bank
1870
1870
$24.8B
$24.8B
91,463
91,463
Barclays Capital-
Barclays Capital
-
-
$1.7B
$1.7B
1,624
1,624
BNP Paribas1848
BNP Paribas
1848
1848
$42.5B
$42.5B
202,624
202,624
Barclays Bank Delaware2000
Barclays Bank Delaware
2000
2000
659
659
Federal National Mortgage Association1938
Federal National Mortgage Association
1938
1938
$27.7B
$27.7B
7,000
7,000