The chairman of Lloyds, António Horta Osório, agreed to extend unpaid leave of his collaborator, Eduardo Stock da Cunha, to continue to lead the New Bank.
“My tour of duty will end in a few weeks, “said bank executive chairman that resulted from the resolution applied to Banco Espírito Santo. Hence Stock da Cunha has asked, its chairman at Lloyds, whether there would be opportunities to prolong it.
“The response I got on terms yet to be finalized, was that in principle could, if he wished, stay a few more months, we talked in the summer, “said the head of the bank
Stock da Cunha said that always said it.” temporarily “in the New Bank. “I am employed at Lloyds.”
The mandate given by the Bank of Portugal extends until August 2016, the first closing date for the sale of New Bank (which was extended to 2017). The president of the New Bank wished to emphasize that the resolution fund, sole shareholder of the bank, you can remove it and not take it out of that position. “And I’m not clinging to the chair,” he said at the press conference where he presented the losses of 980.6 million euros New Bank in 2015 and held in Lisbon.
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