Reuters Restructures RTS Group
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LONDON--Reuters is to restructure its trading technology division to improve customer service through a more dynamic organization structure according to a confidential memo leaked to FX Week. The moves are in part a reaction to falling revenue, part to customer dissatisfaction.
The restructuring is timed to coincide with a name change--Reuters Trading Systems becomes Reuters Trading Solutions--which was announced with the firm’s annual results for 1999.
According to the memo to staff written last
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