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Which of the following credit rating agencies is the 'Big Three Credit rating agencies' of the world ?
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- Fitch Group
- Moody's Corporation
- Standard and Poor's
- All of the above
Correct Option: D
The big Three credit rating agencies are Standard & Poor's (S&P), Moody's, and Fitch Group. S&P and Moody's are based in the US, while Fitch is dual-headquartered in New York City and London, and is controlled by the France-based FIMALAC. As of 2013 they hold a collective global market share of roughly 95 percent with Moody's and Standard & Poor's having approximately 40% each, and Fitch around 15%.