Bloomberg Banco Santander SA is prepared to fight Andrea Orcel in court over its decision to drop an offer to hire the former UBS Group AG investment chief as its chief executive officer. Santander is convinced it made the right decision and is ready to defend its U-turn on Orcel in a dispute over deferred bonuses at UBS, Secretary General ...

Bloomberg Lloyds Banking Group Plc and Standard Life Aberdeen Plc are set to settle a dispute over the bank’s decision to pull its 109 billion-pound ($136 billion) contract from the asset manager. Lloyds would pay Standard Life 140 million pounds in cash as compensation and leave 30 billion pounds of the total under their management for three years, according to ...

Bloomberg One of the most senior bankers in India has an antidote for the nation’s yearlong credit crisis that is showing no signs of abating: seek monies from overseas investors. JPMorgan Chase &Co’s chairman for south and south-east Asia, Kalpana Morparia, is advising policy makers to tweak bankruptcy rules to let foreign portfolio managers throw a lifeline to the troubled ...