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A $57 million pay dispute sees Andrea Orcel get dumped as new Santander CEO before even getting started
The Spanish banking giant said that the level of compensation that was required to hire Andrea Orcel was "unacceptable."
The boss of Santander’s digital bank says it will be ‘the same direction but faster’ under new CEO Andrea Orcel
Openbank CEO Ezequiel Szafir told BI that Andrea Orcel will have "the same strategy but make it go faster and further" when he joins as CEO of Santander next year.
"Delighted that Andrea Orcel is joining us as Group CEO. As we continue to transform Santander his experience is invaluable. Welcome Andrea," Ana Botin, Santander's executive chairman said in a tweet.
UBS investment bank chief: If Brexit fragments European banking, the ‘only clear beneficiary is the United States’
Andrea Orcel, the head of UBS Investment Banking arm, made the comments at a breakfast in London on Tuesday.
Managing uncertainty is a very different problem from managing risk.
Andrea Orcel, head of investment banking at UBS, has a lot on his mind. The unit announced a 34% drop in adjusted pretax profit from a year earlier.