Fox Business - The Power to Prosper
Search Site

Prime Minister Jose Luis Rodriguez Zapatero

Related Topics

  1. Socialism
  2. Prime Minister
  3. Prime Minister David Cameron
  4. Prime Minister Manmohan Singh
  5. Prime Minister Benjamin Netanyahu
  6. Donald Tusk
Get updates on Prime Minister Jose Luis Rodriguez Zapatero
Santander CEO Steps Down After Legal Battle

MADRID, April 29 (Reuters) - The chief executive of Spain's Santander, the euro zone's largest bank, stepped down on Monday after a prolonged legal battle over whether he should be barred from banking due to a criminal conviction.Alfredo Saenz, 70, was convicted in 2009 of filing a false complaint against shareholders in Santander-owned Banesto bank to pressure them to pay a debt, in a case that first arose more than a decade ago.He was later pardoned by then Prime Minister Jose Luis Rodriguez Zapatero, but Spain's Supreme Court decided earlier this year to re-instate the conviction in a case that has dogged the executive for years.In a fresh twist this month, the Bank of Spain opened new proceedings to decide Saenz's fate after the government passed a new law on banking ethics that could have kept him in post.Santander said in a statement that Saenz was stepping down voluntarily and thanked him for his work at the bank, during which time it had quadrupled in size.According to the bank...

Read More ›

  1. Spain: We Aren't Next in Line for Bailout

    Spain will not be next in line for a rescue package from Europe but a common economic policy is needed to support a single currency, Spanish Economy Minister Elena S...

  2. ECB leaves Benchmark Rate Unchanged

    The European Central Bank faced pressure on Thursday to take steps to help contain the euro zone's debt problems, but could upset financial markets if it fails to an...

  3. EU Officials: Portugal Reports 'Absolutely False'

    European officials denied "absolutely false" reports Portugal was under pressure to seek a bailout and Spain ruled out on Friday needing help to manage its finances,...

  4. FACTBOX-Key political risks to watch in Spain

    MADRID, Oct 1 (Reuters) - Spain's growth outlook is stillweighed down by austerity measures like wage cuts, pensionfreezes, the axing of welfare payments and cancell...

  5. Spain PM sees growth improving, but data weak for now

    MADRID, Oct 1 (Reuters) - Spain's economy will be weak for the rest of 2010 but should slowly improve next year, Prime Minister Jose Luis Rodriguez Zapatero said on ...

  6. Spain loses AAA status, stands firm on austerity

    * Budget shows net debt issuance will drop in 2011 * Bond market reflects relief downgrade wasn't steeper(Adds minister comment, background, updates prices) By Andre...

  7. Spain loses AAA status, presents tough budget

    * Budget shows net debt issuance will drop in 2011* Bond market reflects relief downgrade wasn't steeperBy Andres Gonzalez and Nigel DaviesMADRID, Sept 30 (Reuters) ...

  8. Spanish strike before tough budget: impact limited

    By Inmaculada Sanz and Tracy RucinskiMADRID, Sept 29 (Reuters) - Spain's first general strike ineight years, called to oppose spending cuts, disrupted transportand f...

  9. EU unveils deficit sanctions as unions protest

    * Protests seen as too limited to sway governments * Portugal to be grilled by EU ministers on deficitBy Jan Strupczewski and Inmaculada SanzBRUSSELS/MADRID, Sept 29...

  10. Limited Spanish support for strike before budget test

    (Edits, updates prices to close)By Inmaculada Sanz and Tracy RucinskiMADRID, Sept 29 (Reuters) - Spain's first general strike ineight years, called to oppose officia...

  11. Spain strike impact limited to transport, plants

    By Inmaculada Sanz and Tracy RucinskiMADRID, Sept 29 (Reuters) - Spain's first general strike ineight years to protest government spending cuts aimed atslashing the ...

  12. UN: Rich must not cut aid to poor to balance budget

    By Lesley Wroughton and Helen PopperUNITED NATIONS (Reuters) - U.N. Secretary-GeneralBan Ki-moon pressed debt-ridden donor countries Monday notto cut aid to the poor...

  1. Santander CEO Saenz Steps Down

    Banco Santander SA (SAN.MC) said Monday that Alfredo Saenz is stepping down as chief executive, a move that may put an end to a two-decade legal battle that has led ...

  2. Santander's Embattled CEO Saenz Steps Down

    Banco Santander SA (SAN.MC) said Monday that Alfredo Saenz is stepping down as chief executive, a move that may put an end to a two-decade legal battle that has led ...

  3. Santander boss planning to appeal court's pardon ruling

    The Chief Executive of Spain's Santander , Alfredo Saenz, is planning to appeal a court ruling that reinstated his criminal record, according to a source at the bank...

  4. Spain Court Partially Annuls Pardon Received by Santander CEO

    Spain's Supreme Court has partially annuled a pardon received by Banco Santander SA (STD) Chief Executive Alfredo Saenz from Spain's previous government, in a case d...

  5. Exclusive: Spain plans deeper pension reform to meet EU demands

    Spain will soon intensify pension reforms, possibly accelerating an increase in the retirement age and restricting index-linking of pension payouts to meet European ...

  6. Portugal, Spain urge G20 members to help ease crisis

    By Guido Nejamkis and Daniela DesantisSpain and Portugal said on Saturday the euro zone's debt crisis is a global problem, calling on the United States and other G20...

  7. EU Leaders in Crisis Talks

    The leaders of Germany, France and Spain will hold crisis talks about Europe's spiraling debt crisis on Friday after China and Japan called for global policy coopera...

‹ Prev12Next ›
Freebase CC-BY
Source: Prime Minister Jose Luis Rodriguez Zapatero on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL