S&P Affirms Marex BBB- Rating, Assigns First-Time BBB To US Subsidiary Amid Short-Seller Allegations

S&P Global Ratings has affirmed Marex Group plc's overall BBB- rating with a stable outlook, highlighting the company's robust performance and strong capitalization. Additionally, S&P assigned a first-time long-term Issuer Default Rating of BBB to Marex's US-based subsidiary, Marex Capital Markets Inc. (MCMI), recognizing its core role in the group's global strategy and the growing significance of Marex's US operations. The rating agency considered recent short-seller allegations but determined these would likely have no material impact on Marex's franchise. Marex's CEO Ian Lowitt and Americas CEO Ram Vittal expressed confidence that the ratings reflect their successful business strategy and support future client activity. The ratings underscore Marex's status as a diversified global financial services platform with broad market access and a resilient business model.