Poser for Lloyds CEO

Weekend Argus (Saturday Edition) - - BUSINESS -

LON­DON: Lloyds Bank­ing Group has been as­sess­ing whether chief ex­ec­u­tive An­to­nio Horta- Oso­rio, off work with stress, should re­turn to his po­si­tion with the Bri­tish lender, a source in­volved in the process said.

The ap­praisal will in­clude meet­ings be­tween Horta-oso­rio and board mem­bers – a move in­vestors said sig­nalled the grow­ing like­li­hood Hor­taOso­rio would step down from his post. The Fi­nan­cial Times re­ported Horta-oso­rio would have to reap­ply for his own job. – Reuters

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