Global finance firm opens office in Manchester

Lowry House Manchester

Fitch Group, a global financial information services firm, is set to open a second UK office in Manchester.

Fitch Manchester is expected to be operational by September 2019, with up to 25 staff operating from a central location by the end of the year. Fitch Group then intends to increase its presence steadily over the next two years.

Paul Taylor, CEO and President of Fitch Group, said: “Fitch Manchester will be an important long-term complementary location to Fitch’s London office – much the same as our Chicago and New York offices are in the United States. Our aim is to base both non-analytical and analytical team members there over time.”

“We chose Manchester following a wide-ranging study of possible locations because it is the best overall fit for our business. There is a mature and diverse finance, tech and professional services presence in the city, as well as good transport links internationally and with London.

“Importantly, we feel Manchester has a growth story that resonates with ours. We see the potential in the city’s talent pool, especially graduate talent, and believe that Manchester will become an even greater source of talent in future years.”

Fitch Manchester will be located in Lowry House, near Manchester Piccadilly station.

Tim Newns, CEO of MIDAS – Manchester’s inward investment agency, said: “The city region is a hotbed for innovation and collaboration, providing the firm with numerous opportunities to join forces with other world-leading brands that have chosen to establish operations here.

“We’re looking forward to welcoming Fitch Group to Greater Manchester in September and helping to embed them within the city region’s burgeoning financial services community.”