LONDON: Moody's says it may cut its rating for Lloyds, given chief executive Antonio Horta-Osorio being on sick leave may hinder the part state-owned British bank's restructuring plan.
Lloyds shocked investors last week when it said 47-year-old Horta-Osorio was taking a break due to stress-related illness, leaving a potential power vacuum at the top of Britain's biggest retail bank. Reuters
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