It has been revealed this morning that António Horta-Osório, chief executive of Santander’s UK businesses, will replace Eric Daniels, who is stepping down from Lloyds Banking Group. Fifty-nine-year-old Daniels announced in September that he would be retiring next year. Daniels, who is the longest serving CEO at a major British bank, faced heavy criticism following [...]

More: Santander’s Horta-Osório appointed as Lloyds new CEO