CCP News: Former Credit Suisse boss secured £2.3m loan during his controversial chairmanship - 19th Mar 2023, 6:00am

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Antonio Horta-Osorio - Simon Dawson/Bloomberg

Credit Suisse lent £2.3m to its former chairman Sir Antonio Horta-Osorio just months before he was ousted over a breach of Covid rules.

Sir Antonio has now repaid the sum, which was lent on terms similar to those offered to clients with a comparable credit standing, filings show.

During his eight month stint as chairman, Sir Antonio earned £3.1m.

During his final year as chief executive of Lloyds Bank, he took home £2.5m.

The 59-year-ol...

>>> Read more: Former Credit Suisse boss secured £2.3m loan during his controversial chairmanship
 
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