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HomeAll NewsMost read newsBusiness Leaders Biography
Age : 64
Public asset : 17,139,292 USD
Linked companies : UBS Group AG - UBS AG
Biography : Axel A. Weber is a German businessperson who has been the head of 7 different companies. Currently,

Madrid court calls UBS chairman Axel Weber as witness in Orcel trial with Santander

09/14/2020 | 06:52am EDT
FILE PHOTO: Andrea Orcel poses with an award at the 2016 IFR Awards event in London

A Madrid court on Monday called UBS chairman Axel Weber to speak as a witness in a trial that will kick off on March 10 next year between Santander and Italian banker Andrea Orcel over a withdrawn CEO job offer.

Legal teams of both parties told the preliminary hearing that they did not want an out-of-court deal.

The judge also called Santander's chairman Ana Botin and secretary board general Jaime Perez Renovales as witnesses for the trial.

(Reporting by Emma Pinedo; writing by Jesús Aguado; editing by Ingrid Melander)

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BANCO SANTANDER, S.A. -0.26% 3.28 Delayed Quote.29.57%
UBS GROUP AG -0.49% 14.27 Delayed Quote.15.00%