Reuters names new Wall Street editor
by Chris Roush
TALKING BIZ NEWS EXCLUSIVE
The following announcement was sent to the Reuters staff on Tuesday afternoon by deputy editor in chief Paul Ingrassia:
I’m delighted to name Knut Engelmann as Wall Street editor, a new position in which he will lead coverage of top Wall Street investment banks. Knut, who moved to New York as global company news editor earlier this year, brings a wealth of financial reporting experience, energy and global perspective to the job.
Knut’s appointment to this high-profile role underscores our desire to put our most senior talent at the heart of the news file, and sends a powerful message about the importance of in-the-trenches reporting and writing. It also highlights our commitment to deliver agenda-setting coverage and raise our profile in key areas such as investment banking. Knut will play a crucial role in those efforts.
Knut led our coverage of the Federal Reserve and the U.S. Treasury as senior economics correspondent from 1997 to 2001, a period marked by the Asia financial crisis and dot-com boom and bust. He then had a variety of positions in Europe, most recently overseeing our Editorial operations in Germany, Switzerland, Austria and the Balkans.
Knut will lead a small, dedicated team of reporters focused exclusively on investment banking. The model will be one of player-coach, with the coach doing a lot of playing himself. The area is incredibly competitive, so we need our best people on the job.
Please join me in welcoming Knut to his new position.