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

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a witness in a trial that will kick off on March 10 next year between Santander and Italian banker Andrea Orcel over a withdrawn CEO job offer.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