Horta-Osorio's broken promise the final straw at embittered Credit Suisse [Financial Post (Toronto, Ontario, Canada)]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
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Source: Financial Post
That promise ultimately sealed his fate as he was forced to resign https://reut.rs/3roQ4D4 after barely eight months in office for flouting coronavirus quarantine rules in both Britain and Switzerland. Best sites to order face masks for kids 2022 Advertisement It marked the end of his attempts to reform Switzerland's second-biggest bank, still dealing with the fallout from a slew of earlier failings https://www.reuters.com/business/finance/spies-lies-chairmans-exit-credit-suisses-scandals-2022-01-17, from spying on executives to investment losses running into billions of dollars. Advertisement Article content After resigning, Horta-Osorio expressed regret that his “personal actions … compromised my ability to represent the bank internally and externally.” His spokesperson said he would not be speaking to the media. It was just days after promising to clean up the bank by creating a sense of responsibility that Horta-Osorio flew to London in a private jet to attend the W
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LYG
Sec Filings
- 4/18/24 - Form 6-K
- 4/17/24 - Form 6-K
- 4/16/24 - Form 6-K
- LYG's page on the SEC website