The merry-go-round is speeding up once more for senior European bankers, as each day brings news of the latest executive to scramble onto a new ride.
Are they each ending up in the right seats, though?
António Horta-Osório is one of the most highly regarded for his turnaround of Lloyds Banking Group.
The Portuguese banker, who had risen through the ranks at Santander to run its UK operations, took a basket-case institution riddled with bad debts that had to be nationalized after the great financial crisis and turned it into the UK’s leading retail and commercial bank.
There are many famous stories of his time at Lloyds, but none resonate as loudly as that of him turning up for his first day as chief executive in 2011 at 6.30am
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