Former Lloyds Bank boss Antonio Horta-Osorio is knighted
Former Lloyds Bank boss Antonio Horta-Osorio, who changed course after the 2008 financial crisis, is knighted
- Banker knighted for services to financial industry, mental health and culture
- Antonio Horta-Osorio ran Lloyds Bank for a decade before stepping down in April
- Father-of-three reversed Lloyds fortunes after 2008 financial crisis
Banker Antonio Horta-Osorio is knighted for his services to the financial sector, mental health and culture.
The Portuguese ran Lloyds Bank for a decade before pulling out in April. The 57-year-old father-of-three reversed Lloyds fortunes after the 2008 financial crisis – earning £ 60million in the process.
But in 2016 Mr Horta-Osorio was forced to apologize to employees for an extramarital affair, as he denied using more than £ 3,000 of company expenses to woo his lover.
He was also accused of derailing a redress program designed to help dozens of small business customers who were victims of major fraud at the Reading branch of the Halifax Bank of Scotland.
Mr. Horta-Osorio is now President of the Swiss bank in crisis Credit Suisse.
Banker Antonio Horta-Osorio is knighted for his services to the financial sector, mental health and culture