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The Independent UK
The Independent UK
National
Benjamin Cooper

Former Lloyds boss Horta-Osorio quits Credit Suisse after investigation

PA Archive

The former boss of Lloyds Banking Group has stepped down as chairman of Credit Suisse after less than 12 months following an investigation into his personal actions.

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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