The former boss of Lloyds Banking Group has stepped down as chairman of Credit Suisse after an internal investigation found he broke Covid rules
"I regret that a number of my personal actions have led to difficulties for the bank and compromised my ability to represent the bank internally and externally," the Portuguese banker said.
It comes following reports he breached Covid rules twice last year, once when he attended the Wimbledon tennis finals when he should have been quarantining after recently arriving from Switzerland.
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