Lloyds CEO Antonio Horta-Osorio

Lloyds CEO Antonio Horta-Osorio

Jason Alden/Bloomberg

“It’s still up to the government to decide when and how to privatize the bank,” Antonio Horta-Osorio, chief executive officer of Lloyds Banking Group Plc, said yesterday. “It’s our duty to operationally improve the bank prudently and as quickly as possible.”