Thomson Reuters Strengthens Credit News

Thomson Reuters is reorganizing its news coverage, with its IFR news operation - originally part of Thomson Financial - taking over credit market reporting from Reuters News in a bid to strengthen its coverage of an asset class that has traditionally been seen as a stronghold for rival vendor Bloomberg, according to an internal memo obtained by Inside Market Data.

The memo, which was distributed to staff on Aug. 17, states that the new organizational structure is designed to create "a more

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