Europe’s Bank-Boss Swapping Restarts With Mustier in Play

  • Second wave of the year follows changes at Swiss banks, HSBC
  • Next lender to appoint a new CEO could be StanChart or SocGen
Jean Pierre MustierPhotographer: Jason Alden/Bloomberg
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The pandemic slowed the game of musical chairs among Europe’s bank bosses. As 2020 draws to a close, the biggest lenders have abruptly resumed swapping talent at the top.

Antonio Horta-Osorio said he was leaving the helm of Lloyds Banking Group Plc and moving to the chairman’s role at Credit Suisse Group AG. Lloyds poached his replacement from HSBC Holdings Plc.