So, what’s the difference between the Titanic and Credit Suisse? The Titanic only hit one iceberg.

After being brought in to tackle damage from a string of lurking disasters, Credit Suisse chairman and former Lloyds boss Antonio Horta-Osorio has just been forced to walk the plank.

So he won’t now go down with the ship, kept afloat by a termination package which could be worth nearly £4 million.

‘Oh no, Antonio’, who had been in the job for only nine m...