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Google News: When the strain begins to show
[Financial Times] - Last October saw a high profile example of this when Antonio Horta-Osorio, chief executive of Lloyds Banking Group, shocked the City by taking leave of absence due to severe exhaustion, only returning to his desk this month.
The Business Matrix: Thursday 19 January 2012
www.independent.co.uk
[The Independent] - Lloyds Banking Group unveiled 700 job cuts yesterday as chief executive Antonio Horta-Osorio continues to overhaul the lender. The job losses, 200 of which will be in Cardiff and Newport, form part of cuts announced in June under Mr
Google News: RBS remains flashpoint in bonus row
[Financial Times] - After António Horta-Osório, the chief executive of Lloyds Banking Group, waived his bonus last week, George Osborne may have hoped it was only a matter of time before Stephen Hester, head of RBS, followed suit. However, despite mounting political
Goldman Sachs staff receive £8bn in pay and bonuses
www.channel4.com
[Channel 4 News] - At Lloyds Banking Group, in which the government holds a 41 per cent stake, chief executive Antonio Horta-Osorio has said he will forgo his £2.4m bonus after taking a two-month leave of absence from work. His basic salary is £1.1m.
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