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The Independent UK
The Independent UK
National
Benjamin Cooper

Credit Suisse boss Horta-Osorio quits over Covid breaches

PA Archive

The former boss of Lloyds Banking Group has stepped down as chair of Credit Suisse after less than 12 months following an investigation into breaches of Covid rules.

Antonio Horta-Osorio, who steered lending giant Lloyds back into private ownership after its 2008 financial crisis bailout, said in a statement issued by Credit Suisse his actions had led to “difficulties” for the Swiss bank.

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