Former Lloyds boss António Horta-Osório watched England’s defeat in the final of football’s European Championship at Wembley on the same day as he allegedly breached quarantine rules to watch the Wimbledon men’s tennis final, according to a person briefed on his movements.
Horta-Osório resigned as chair of the board of Credit Suisse last weekend after the bank investigated allegations that he had repeatedly broken Covid-19 rules. He had managed only nine months setting the strategy for the struggling Swiss bank, despite being brought in to steady it following a series of scandals and disastrous client failures.
He has publicly admitted breaching Swiss quarantine rules, apologising for what he described as an “unintentional” error. However, neither he nor Credit Suisse have commented on the allegations of rule-breaking in England.
Horta-Osório attended the Wimbledon tennis tournament on 10 and 11 July 2021, after flying from Switzerland to the UK. At that time Switzerland was on the UK government’s amber list of countries that required arrivals to isolate for 10 days to prevent coronavirus infections.
The banker entertained Credit Suisse clients at the men’s final, in which Novak Djokovic came from a set down to beat Matteo Berrettini, according to a person close to him.
The Euros culminated later on the same Sunday at Wembley stadium in London, with England losing to Italy 3-2 on penalties. Horta-Osório entertained a French Credit Suisse client and the client’s family, but also brought two of his children along, using Credit Suisse hospitality tickets that had not been taken up, a person close to him claimed. The Financial Times first reported his attendance at the game.
Banks – and particularly wealth managers – often host
Read more on theguardian.com