Thomson Reuters restructuring hits FX as Glocer departs

Jas Singh at Thomson Reuters
Jas Singh, Thomson Reuters

Organisational changes at Thomson Reuters have affected its foreign exchange business, as the company restructures its operations around five key business lines. The move was announced on December 1 to coincide with the retirement of chief executive Thomas Glocer at the end of this month.

As part of the restructuring, the vendor will create a new business line, known as ‘global growth organisation’, headed by Shanker Ramamurthy, who joined from IBM in June to succeed Mark Redwood as president of

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