Fitch Ratings has reviewed the Marex Group PLC’s long-standing perspective for the long-term version (IDR) in a positive one and confirmed its long-term IDR on BBB-.
The revision of the perspective reflects MAREX’s strong and increasing profits in all variable market conditions, expansion and differentiation of franchise both biologically and through acquisitions, well -managed liquidity and adequate regulatory protection in relation to regulatory capital requirements.
Ian Lowitt, Managing Director of Marex, commented:
“Upgrading Fitch to our prospects positively from the steady reflects the power and extension of our differentiated world platform as well as our 10 -year history of successive development through a series of market environments.