JP Morgan has promoted two senior equities executives to oversee the business globally following Tim Throsby’s departure to run the investment bank at Barclays.

Mark Leung, head of JP Morgan's Asia Pacific equities business, and Jason Sippel, the bank's global head of prime services, now run the equities division as co-heads, according to a memo sent to staff on September 7 by Daniel Pinto, head of JP Morgan's corporate and investment bank, and seen by FN.