Barclays: Cometh the hour, exit the man

Barclays doesn’t want Tim Throsby’s exit to be about Tim Throsby, but it is.

What do you do if you decide someone is superfluous to requirements, but you don’t want to make it all about him? Dress up his exit as a reorganization?

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Tim Throsby

It’s certainly tempting to see a whiff of this at Barclays right now, where Tim Throsby, the head of Barclays International since January 2017, is suddenly leaving.

The official announcement, as is the manner of these things, is obscurity itself. But in essence what is happening is that Barclays International is being broken up into its two constituent parts – a £3.5

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