Reuters is announcing this afternoon the hires of two financial journalists: Scot Paltrow and Mark Hosenball.

They are being described as “key hires to support Reuters efforts to expand its coverage of business, Wall Street and Washington.

Paltrow will cover financial crimes specifically pertaining to the financial crisis. He’s a former investigative reporter at WSJ. Hosenball will cover “how business and lobbying impacts policy” in D.C. Hosenball is formerly with Newsweek.

Read the full memo after the jump…

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