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- Credit Suisse announced Tuesday that outgoing Lloyds Banking Group CEO António Horta-Osório would be its next chairman.
- Current chairman Urs Rohner will step down in 2021, after working at the Swiss bank for a decade.
- News of Horta-Osorio's appointment at Credit Suisse came a day after Lloyds Bank announced his replacement as CEO, HSBC banker Charlie Nunn.
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