A Spanish court on Friday postponed a hearing in the dispute between Santander and Italian banker Andrea Orcel over a withdrawn offer to make him chief executive, potentially spelling a lengthy delay in the long-running case.
A Spanish court on Friday postponed a hearing in the dispute between Santander and Italian banker Andrea Orcel over a withdrawn offer to make him chief executive, potentially spelling a lengthy delay in the long-running case.
Santander s Botin defends Orcel offer as CEO row reaches court
By Emma Pinedo and Jesús Aguado
Reuters
MADRID (Reuters) -Santander boss Ana Botin defended the bank s actions in a court hearing over the withdrawal of a multi-million euro offer more than two years ago to make Italian banker Andrea Orcel its CEO.
The very public row, which judge Javier Sanchez Beltran unexpectedly suspended after a two-hour hearing on Wednesday, offered a rare glimpse into the inner workings of a major bank.
It ended up in a Madrid court after Spain s largest lender dropped plans to make Orcel, previously the top investment banker at Swiss bank UBS, chief executive as a result of a dispute over his pay package.
Santander s Botin defends Orcel offer as CEO row reaches court
05/19/2021 | 08:41am EDT
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By Emma Pinedo and Jesús Aguado
MADRID (Reuters) -Santander boss Ana Botin defended the bank s actions in a court hearing over the withdrawal of a multi-million euro offer more than two years ago to make Italian banker Andrea Orcel its CEO.
The very public row, which judge Javier Sanchez Beltran unexpectedly suspended after a two-hour hearing on Wednesday, offered a rare glimpse into the inner workings of a major bank.
It ended up in a Madrid court after Spain s largest lender dropped plans to make Orcel, previously the top investment banker at Swiss bank UBS, chief executive as a result of a dispute over his pay package.
Santander und Unicredit-Chef streiten um Millionengehalt vor Gericht manager-magazin.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manager-magazin.de Daily Mail and Mail on Sunday newspapers.