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Barclays Hires JPMorgan’s Beattie in Australian Banking Push

A Barclays bank branch in London.
A Barclays bank branch in London.Photographer: Luke MacGregor/Bloomberg

Barclays Plc has hired two managing directors to bolster its Australian investment banking unit. 

The British lender is getting onboard Duncan Beattie from JPMorgan Chase & Co. and Duncan Connellan from Mitsubishi UFJ Financial Group, according to an emailed statement Monday. Beattie will lead Barclays’ capital markets financing team, while Connellan will be responsible for leverage and acquisition financing, according to the statement.