MADRID (Reuters) - A court hearing on a high-profile dispute between Santander and Italian banker Andrea Orcel over a withdrawn offer to make him chief executive of the Spanish largest bank more than two years ago will resume on June 17, the Madrid court said on Thursday.
The Madrid court also said that witnesses based in Switzerland would testify remotely without adding any further details.
The proceedings were suspended on May 19 to allow UBS Chairman Axel Weber and Mark Shelton, head of performance and rewards at the bank, to testify. They did not attend the May hearing due to medical reasons.
(Reporting by Jesús Aguado and Emma Pinedo; editing by Inti Landauro)
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| 4.78 EUR | +0.67% | +8.18% | 79.48B | ||
| 25.02 CHF | -2.91% | -2.46% | 90.81B | ||
| 34.98 EUR | -0.98% | +1.74% | 63.58B | ||
Mr. Andrea Orcel is Chief Executive Officer at UBS AG (London Branch) and UBS Ltd., and President-Investment Bank at UBS Group AG. He is on the Board of Directors at UBS Ltd. and UBS Americas Holding LLC. He became a member of UBS Group Executive Board in July 2012 and was co-CEO of the Investment Bank from July to November 2012. In January 2016, he was appointed Senior Officer Outside of Australia for UBS Australia Branch, and since December 2014, he has additionally held the position as Chief Executive for UBS Limited and UBS AG London Branch. He joined UBS from Bank of America Merrill Lynch, where he had been Executive Chairman Investment Bank since 2009, President of Emerging Markets (excluding Asia) since 2010 and CEO of European Card Services since 2011. Prior to the acquisition of Merrill Lynch by Bank of America, Mr. Orcel was a member of Merrill Lynch’s global management committee and Head of Global Origination, which combined Investment Banking and Capital Markets. He held a number of other leadership positions, including President of Global Markets & Investment Banking for Europe, Middle East and Africa (EMEA) and Head of EMEA Origination beginning in 2004. Between 2003 and 2007, he led the Global Financial Institutions Group, of which he had been part since joining Merrill Lynch in 1992. Mr. Orcel holds an MBA from INSEAD and a degree in Economics and Commerce, summa cum laude, from the University of Rome.
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UniCredit Bank GmbH
 UniCredit Bank GmbH Regional BanksFinance UniCredit Bank AG provides banking services. It offers banking and financial products to corporate as well as public and private sector clients. The company operates through three segments: Commercial Banking, Corporate & Investment Banking and Other/Consolidation. The Commercial Banking segment offers consumer loans, mortgage loans, savings-and-loan and insurance products and banking services for retail customers. The corporate & Investment Banking segment operates through three divisions HVB, UniCredit Bank Austria AG and UniCredit spa. The other/consolidation segment encompasses the chief operating office business unit, activities of the group corporate center business unit and consolidation effects. The company was founded on July 1, 1869 and is headquartered in Munich, Germany. | Chairman |
| UNICREDIT S.P.A. | Chief Executive Officer |
