Throsby shakes up Barclays CIB

Takes control of markets unit; builds global structure for banking.

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Tim Throsby, who joined Barclays to run its corporate and investment bank at the start of the year, has pressed the button on his first big management changes in the division, creating a new global structure for banking and paving the way for new management of the markets unit.

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Tim Throsby

The reshuffle comes as a maelstrom continues to swirl around Barclays CEO Jes Staley – the latest embarrassment being media reports of an email conversation between him and an unknown correspondent who was purporting to be the bank’s chairman, John McFarlane.

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