Investment Banking

António Horta-Osório fined for quarantine breach

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

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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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