S&P Global History Timeline and Biographies

S&P Global Inc. is a leading American publicly traded corporation headquartered in New York City. The company provides financial information and analytics to businesses, governments, and individuals worldwide. Its services include credit ratings, benchmarks, analytics, and data solutions. S&P Global's history dates back to the 19th century, evolving through mergers, acquisitions, and rebranding to become a crucial player in the global financial market.

Creation Time:2024-05-19

1860

Foundation of Standard & Poor's

Henry Varnum Poor published "History of Railroads and Canals in the United States," which laid the foundation for what would become Standard & Poor's.
1906

Incorporation of Poor's Publishing

Henry Varnum Poor's company was officially incorporated as Poor's Publishing, focusing on financial publications and analysis.
1917

Formation of Standard Statistics Bureau

The Standard Statistics Bureau was formed to provide financial data on companies, which later merged with Poor's Publishing.
1941

Merger of Standard Statistics and Poor's Publishing

Standard Statistics and Poor's Publishing merged to form Standard & Poor's Corporation, combining their expertise in financial information and analysis.
1966

Acquisition by McGraw-Hill

McGraw-Hill acquired Standard & Poor's, integrating it into its portfolio of financial information services.
1987

Introduction of S&P 500 Index Futures

The Chicago Mercantile Exchange launched futures contracts based on the S&P 500 Index, enhancing its role in financial markets.
2000

Launch of S&P Global Ratings

S&P Global Ratings was officially launched, providing credit ratings and risk analysis for a wide range of financial instruments.
2006

Introduction of S&P Indices

S&P Global introduced a range of indices, including the S&P Global 1200, expanding its influence in global financial markets.
2011

Downgrade of U.S. Credit Rating

S&P Global Ratings downgraded the U.S. credit rating from AAA to AA+, marking a significant moment in financial history.
2013

Launch of S&P Dow Jones Indices

S&P Dow Jones Indices was formed as a joint venture between S&P Global, CME Group, and News Corp, becoming one of the largest global index providers.
2016

Rebranding to S&P Global

McGraw-Hill Financial rebranded itself as S&P Global, reflecting its focus on providing essential intelligence to the global financial markets.
2018

Acquisition of Kensho Technologies

S&P Global acquired Kensho Technologies, a leading provider of next-generation analytics, artificial intelligence, and data management solutions.
2020

Acquisition of IHS Markit

S&P Global announced the acquisition of IHS Markit, a leading provider of critical information, analytics, and solutions, significantly expanding its data and analytics capabilities.
2022

Completion of IHS Markit Acquisition

S&P Global completed its acquisition of IHS Markit, further solidifying its position as a leader in data and analytics services.
2023

Launch of ESG Solutions

S&P Global launched comprehensive Environmental, Social, and Governance (ESG) solutions to help businesses and investors make informed decisions based on sustainability metrics.
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