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Barclays names JP Morgan's Throsby to run corporate unit

JP Morgan executive to run division housing investment bank, international wealth and US credit card businesses

Barclays has turned to JP Morgan banker Tim Throsby to run its CIB unit
Barclays has turned to JP Morgan banker Tim Throsby to run its CIB unit

Barclays has announced that JP Morgan Chase executive Tim Throsby will join the lender in January to run its corporate and international division.

Throsby, who is currently global head of equities at JP Morgan, will be president of the unit which houses Barclays' investment bank, international wealth and US credit card businesses. He will also be chief executive of the corporate and investment bank.

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