TECHNOLOGY

TECHNOLOGY

Bankers Trust has signed a global deal with Knight-Ridder under which the latter has effectively ousted rival Telerate from its position as the bank's second-line data supplier after Reuters. Sources say that Dow Jones Telerate's presence in Banker's international operations will dwindle over the next few years.

Paul Tucker, president of Knight-Ridder Financial, confirms that what he refers to as a "global strategic partnership," has been formed between the bank and the vendor. "The purpose of

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