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HomeAll NewsMost read newsBusiness Leaders Biography
Age : 63
Public asset : 10,465,691 USD
Linked companies : UBS Group AG - UBS AG
Biography : Axel A. Weber is a German businessperson who has been at the head of 7 different companies and curre

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

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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a witness in a trial that will kick off on March 10 next year between Santander and Italian banker Andrea Orcel over a withdrawn CEO job offer.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)

Stocks mentioned in the article
ChangeLast1st jan.
BANCO SANTANDER, S.A. -1.82% 1.6686 Delayed Quote.-54.43%
UBS GROUP AG -0.89% 11.12 Delayed Quote.-8.22%
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