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Court hearing on Orcel's Santander job offer set for October 20

By Jesús Aguado MADRID (Reuters) -A court hearing of a case brought by Italian banker Andrea Orcel against Santander (MC:SAN) over the bank's withdrawal of an offer to make him...

By Jesús Aguado

MADRID (Reuters) -A court hearing of a case brought by Italian banker Andrea Orcel against Santander (MC:SAN) over the bank's withdrawal of an offer to make him CEO is expected to resume on October 20, a statement from the Madrid court said on Tuesday.

Santander and Orcel ended up in the Madrid court after Spain's largest bank dropped plans in January 2019 to make UBS investment banker Orcel its CEO after a dispute over his pay package.

Santander declined to comment, while Orcel's legal team was not immediately available.

The proceedings were suspended in May after Orcel's lawyer asked UBS Chairman Axel Weber and Mark Shelton, head of performance and rewards at Switzerland's biggest bank, to testify.

Because of issues over remote testimonies, Santander asked the Madrid court judge Javier Sanchez Beltran to send a so-called rogatory commission to Switzerland, a source said at the time.

On Tuesday a source from the Madrid court said once the rogatory commission had been processed Weber and Shelton would testify remotely from Switzerland.

The hearing would resume at 1000 local time on October 20.

The source said that Santander's general secretary Jaime Perez Renovales, who signed Orcel's original job offer, and Roberto di Bernardini, the Spanish bank's head of human resources at the time, would testify in person.

The case revolves around whether a four-page letter to Orcel constituted a binding contract or a non-binding initial offer.

In May, Santander boss Ana Botin defended in court the withdrawal of Orcel's multi-million euro offer.

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21-09-2021 06:02:09 (UTC+7)

EUR/USD

1.1729

+0.0003 (+0.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

EUR/USD

1.1729

+0.0003 (+0.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

GBP/USD

1.3665

+0.0008 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

USD/JPY

109.40

+0.01 (+0.01%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (8)

AUD/USD

0.7261

+0.0010 (+0.14%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

USD/CAD

1.2810

-0.0014 (-0.11%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

EUR/JPY

128.32

+0.06 (+0.05%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

EUR/CHF

1.0883

+0.0007 (+0.06%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (3)

Gold Futures

1,765.05

+0.25 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (3)

Silver Futures

22.262

+0.015 (+0.07%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (2)

Sell (4)

Copper Futures

4.1320

+0.0070 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (6)

Crude Oil WTI Futures

70.48

+0.14 (+0.20%)

Summary

↑ Sell

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Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (6)

Brent Oil Futures

74.24

+0.18 (+0.24%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (1)

Natural Gas Futures

4.940

-0.017 (-0.34%)

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Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (6)

Sell (4)

US Coffee C Futures

182.30

-4.10 (-2.20%)

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↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Euro Stoxx 50

4,043.63

-87.21 (-2.11%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (8)

S&P 500

4,357.73

-75.26 (-1.70%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (9)

Sell (1)

DAX

15,132.06

-358.11 (-2.31%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (3)

Sell (2)

FTSE 100

6,903.91

-59.73 (-0.86%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (3)

Hang Seng

24,099.14

-821.62 (-3.30%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,178.78

-58.09 (-2.60%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

IBEX 35

8,655.40

-105.50 (-1.20%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

BASF SE NA O.N.

61.660

-1.425 (-2.26%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Bayer AG NA

45.23

+0.16 (+0.36%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (10)

Allianz SE VNA O.N.

183.86

-6.37 (-3.35%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (4)

Adidas AG

280.52

-1.08 (-0.38%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (2)

Sell (6)

Deutsche Lufthansa AG

8.664

+0.454 (+5.53%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (3)

Siemens AG Class N

142.26

-6.50 (-4.37%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (5)

Deutsche Bank AG

10.230

-0.850 (-7.67%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

 EUR/USD1.1729↑ Sell
 GBP/USD1.3665↑ Buy
 USD/JPY109.40↑ Sell
 AUD/USD0.7261↑ Buy
 USD/CAD1.2810Neutral
 EUR/JPY128.32↑ Sell
 EUR/CHF1.0883Buy
 Gold1,765.05↑ Buy
 Silver22.262Sell
 Copper4.1320↑ Sell
 Crude Oil WTI70.48↑ Sell
 Brent Oil74.24↑ Buy
 Natural Gas4.940↑ Sell
 US Coffee C182.30↑ Sell
 Euro Stoxx 504,043.63↑ Sell
 S&P 5004,357.73↑ Buy
 DAX15,132.06↑ Buy
 FTSE 1006,903.91Neutral
 Hang Seng24,099.14↑ Buy
 Small Cap 20002,178.78↑ Buy
 IBEX 358,655.40↑ Sell
 BASF61.660↑ Buy
 Bayer45.23↑ Sell
 Allianz183.86↑ Buy
 Adidas280.52Neutral
 Lufthansa8.664Neutral
 Siemens AG142.26Sell
 Deutsche Bank AG10.230↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,650/ 5,700
(0/ 0) # 856
SJC HCM5,615/ 5,680
(0/ 0) # 836
SJC Hanoi5,615/ 5,682
(0/ 0) # 838
SJC Danang5,615/ 5,682
(0/ 0) # 838
SJC Nhatrang5,615/ 5,682
(0/ 0) # 838
SJC Cantho5,615/ 5,682
(0/ 0) # 838
Cập nhật 21-09-2021 06:02:11
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RON 95-IV2149021910
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E5 RON 92-II2014020540
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
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EUR25.997,5927.350,60
GBP30.426,3531.697,56
JPY202,06213,76
KRW16,5320,13
Cập nhật lúc 05:57:34 21/09/2021
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