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

Roger Brosch: Advice should also mean investing in your memory bank

Roger Brosch: Advice should also mean investing in your memory bank

Financial advice is never about the money itself

Roger Brosch
clock 27 August 2026 • 3 min read
Advice JVs: Why professional services tie-ups are moving beyond referrals

Advice JVs: Why professional services tie-ups are moving beyond referrals

Firms look to joint brand relationships

Isabel Baxter
clock 27 August 2026 • 6 min read
The banks are back: What does this mean for advisers?

The banks are back: What does this mean for advisers?

Banks ‘uniquely positioned’ to provide advice to mass market

Sophia Panayi
clock 24 August 2026 • 6 min read