Investment Banking

Barclays investment bank boss quits in leadership shake-up

Barclays announced Tim Throsby’s surprise departure alongside a number of other leadership changes

Barclays investment bank boss quits in leadership shake-up
Photo: Ben Phillips

Tim Throsby, the ex-JPMorgan banker hired to reinvigorate Barclays’ corporate and investment bank, has stepped down after barely two years at the UK lender as a part of a broader shake-up of the division.

Barclays announced Throsby’s surprise departure on March 27 alongside a number of other leadership changes. The shake-up comes as activist investor Edward Bramson continues to push for radical changes at Barclays’ investment bank.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire