Investment Banking

António Horta-Osório fined for quarantine breach

Former Credit Suisse boss receives a lower fine because he used his private jet

Sir António heard his request to leave early was rejected on his way to the airport, local media reported
Sir António heard his request to leave early was rejected on his way to the airport, local media reported Photo: Jason Alden/Getty Images

Former Credit Suisse chair Sir António Horta-Osório accepted a fine of 2,000 Swiss francs ($2,200) from local authorities for breaking quarantine rules in November.

Sir António, who was also officially knighted in the UK on 2 February for services to finance, stepped down as head of the Swiss lender last month after it emerged that he had twice broken Covid rules last year.

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