Lloyds Banking Group Plc Chief Executive Antonio Horta-Osorio returned to work after two months' sick leave, facing a potentially even bigger challenge turning around the partly state-owned lender than when he left."I am thrilled to be back and I look forward to working with my colleagues again," Horta-Osorio said on Monday during a brief photocall outside the bank's head office on Gresham Street in the City of London.Wearing a dark suit with a bright green tie, he spoke quietly and declined further comment. He made a quick return into the building, watched by staff from windows.Lloyds has said Horta-Osorio, by his own admission a details-obsessed manager, will change his intensive working style and have fewer people reporting to him than the previous 13. The 47-year-old Portuguese, who took over as CEO in March, had been working on a turnaround strategy including 15,000 job cuts.
Lloyds Banking Group plc is a financial services group providing a range of banking and financial services, primarily in the United Kingdom, to personal and corporate customers. Shares of LYG fell by 2.76% or $-0.045/share to $1.58. In the past year, the shares have traded as low as $1.33 and as high as $4.48. On average, 3655470 shares of LYG exchange hands on a given day and today's volume is recorded at 3151468.
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