In the end it was less showdown and more damp squib. Santander executive chair Ana Botín and UniCredit chief executive Andrea Orcel finally made it to a Madrid court on May 19 to thrash out their dispute over the compensation that Orcel says he is owed for Santander not hiring him to be the Spanish bank’s chief executive in 2019.
Orcel, passport in hand, might have been forgiven for thinking he was at an airport, as he began to march towards the court’s fast-track Entrada Profesionales only to be pointed back towards the makeshift public check-in desk outside.
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