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

Advisers urged to remain 'alert' as LPA financial misconduct complaints rise

Advisers urged to remain 'alert' as LPA financial misconduct complaints rise

Alleged LPA financial misconduct complaints rose to almost 12,000

Sophia Panayi
clock 12 October 2026 • 3 min read
News editor's view: Taxing questions for advisers

News editor's view: Taxing questions for advisers

The news editor's Friday Night Takeaway from 9 October

Isabel Baxter
clock 09 October 2026 • 2 min read
Why the new chancellor must rebalance growth and consumer protection

Why the new chancellor must rebalance growth and consumer protection

'Healy should re-empower the FCA to unleash the full potential of Consumer Duty'

James Daley
clock 09 October 2026 • 3 min read