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Evening Standard
Evening Standard
Comment
Oscar Williams-Grut

CEOs now must make money and save the world

Ex-Lloyd boss Sir Antonio Horta-Osorio (Hugo Philpott / PA)

(Picture: PA Archive)

Sir António Horta-Osório has resigned at Credit Suisse after reportedly breaking lockdown rules to visit Wimbledon. His departure as chairman after nine months is surprising in some ways but in banking, he isn’t alone. Jes Staley quit Barclays last year over his historic relationship with Jeffrey Epstein. In 2020, Credit Suisse’s then CEO Tidjane Thiam quit amid a corporate spying scandal — not his doing but it happened on his watch.

Banking is a serious business — they are looking after our money, after all — and executives are held to high standards.

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