Horta-Osório: 'Brightest' students being put off banking career

clock

The head of Lloyds Banking Group has expressed his concerns the "best and the brightest" students do not see banking as a credible career following a string of scandals.

António Horta-Osório said the "next generation" should regard banking "as an industry that helps to build economic wealth and [play] its part as a useful member of our local communities". However, the Portugal-born banker said a number of students had been put off a future in the industry following a number of scandals, including attempts to rig the Libor rate and the mis-selling of financial products such as payment protection insurance. Citing a YouGov survey suggesting a quarter of students saying they would be too embarrassed to tell friends if they were going to work in a bank, H...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Low number of FTSE 100 female CEOs 'just not good enough' - Andrea Montague

Low number of FTSE 100 female CEOs 'just not good enough' - Andrea Montague

Senior leadership in financial services is attainable for women

Jenna Brown
clock 23 April 2025 • 3 min read
RLAM implements Sustainability Focus label across £11bn portfolio range

RLAM implements Sustainability Focus label across £11bn portfolio range

Across a mix of funds and trusts

Cristian Angeloni
clock 23 April 2025 • 1 min read
IFAs must show empathy not judgement during tough client life events

IFAs must show empathy not judgement during tough client life events

Financial implications of life events and what women need to consider

Jenna Brown
clock 23 April 2025 • 4 min read