Credit Suisse’s António Horta-Osório learns the rules aren’t just for the little people.
The sun was shining as António Horta-Osório tucked into his crab and Dover sole. Sitting on the terrace of Scott’s in Mayfair, the Portuguese-born banker was basking in his ten-year tenure, just ended, as boss of Lloyds Banking Group.
The taxpayer’s 43 percent stake had been sold off and Horta-Osório had bounced back from personal issues nine days in the Priory that led to two months off work in 2011, as well as his extramarital affair being exposed by The Sun newspaper.