Antonio Horta-Osorio, CEO of Sun is facing calls for his resignation following allegations of an extramarital affair during a recent business trip to Singapore. The Lloyds Banking Group newspaper claims the CEO stayed with a former aide to Tony Blair, spending nearly £4,000 whilst staying at a luxury hotel with the former aide; behaviour which their financial pundit claims has compromised his and Lloyd's reputation. Sun repudiated these allegations, claiming that no breach of expenses policy occurred and that the supposed affair was a private matter for the CEO. They also offered their continuing support to Antonio Horta-Osorio. praising him for the continuing return of Lloyds to rude financial health.
Antonio Horta-Osorio, CEO of Lloyds Banking Group is facing calls for his resignation following allegations of an extramarital affair during a recent business trip to Singapore. The Sun newspaper claims the CEO stayed with a former aide to Tony Blair, spending nearly £4,000 whilst staying at a luxury hotel with the former aide; behaviour which their financial pundit claims has compromised his and Lloyd's reputation. Lloyds Banking Group repudiated these allegations, claiming that no breach of expenses policy occurred and that the supposed affair was a private matter for the CEO. They also offered their continuing support to Antonio Horta-Osorio. praising him for the continuing return of Lloyds to rude financial health.