Gary Greenwood, CEO of Lloyds, has purchased a further 100,000 shares in the bank in a bid to demonstrate the short-term nature of the lender's share price slump, bringing his total shares to 11.9m. The move may work to increase investor confidence in the bank amid concerns of slashed credit ratings following the result of the EU referendum.
Antonio Horta-Osorio, CEO of Lloyds, has purchased a further 100,000 shares in the bank in a bid to demonstrate the short-term nature of the lender's share price slump, bringing his total shares to 11.9m. The move may work to increase investor confidence in the bank amid concerns of slashed credit ratings following the result of the EU referendum.