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LLOY Lloyds Banking Group Plc

51.78
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lloyds Banking Group Plc LSE:LLOY London Ordinary Share GB0008706128 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 51.78 51.82 51.84 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Commercial Banks, Nec 23.74B 5.46B 0.0859 6.03 32.94B

Credit Suisse Proposes Lloyds CEO Antonio Horta-Osorio as Next Chairman -- Update

01/12/2020 9:02am

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Lloyds Banking (LSE:LLOY)
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   By Olivia Bugault 
 

Credit Suisse Group AG said Tuesday that its board of directors has proposed that Antonio Horta-Osorio, chief executive of Lloyds Banking Group PLC, be elected as the Swiss bank's next chairman at its annual general meeting on April 30, 2021.

Mr. Horta-Osorio would succeed Urs Rohner, who will step down in 2021, Credit Suisse said.

Mr. Horta-Osorio informed Lloyds's board that he agreed to be proposed for election as new Credit Suisse's board chairman starting May 1, 2021, Lloyds said Tuesday. Mr. Horta-Osorio accordingly agreed to step down as Lloyds's CEO on April 30, 2021, the FTSE 100-listed bank said.

Lloyds Banking Group PLC said Monday that it will appoint HSBC Holdings PLC's Charlie Nunn, currently serving as HSBC's global CEO of its wealth and personal-banking division, as its next chief executive and executive director, succeeding Mr. Horta-Osorio.

 

Write to Olivia Bugault at olivia.bugault@wsj.com

 

(END) Dow Jones Newswires

December 01, 2020 03:47 ET (08:47 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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