Beebe has been head of equities trading for the region since May 2012, joining from Bank of America Corp., Joe Corcoran, head of equities said in a memorandum today. A spokesman for Barclays in London declined to comment on the changes.
Barclays posted a bigger-than-estimated gain in investment- banking profit this month and said it’s on track to meet its target for cost cuts. Income at the equities operation rose 19 percent to 706 million pounds ($1.1 billion) while investment- banking revenue, which includes mergers advisory, advanced 8 percent to 558 million pounds on rising fees from equity-capital markets.
Thorkelsson joined Barclays in April 2010 from Nomura Holdings Inc. Financial News reported Beebe’s move earlier today.
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