Reuters Beats Out Bloomberg at Credit Suisse


Credit Suisse, the private banking arm of the Credit Suisse Group, is replacing 500 Bloomberg terminals with Reuters Market Monitor Xtreme (RMMx), Reuters said last week.

The vendor, which over the past year has been losing market share to rival Bloomberg, says it will provide its Internet-based information service to 1,500 positions within Credit Suisse’s private banking operations in Geneva and Zurich after signing a two-year deal with the bank.

While a third of the positions replace Bloomb

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