Claim has been cut to €76m from around €112m

Andrea Orcel has sharply reduced his claims against Banco Santander in relation to the Spanish bank's decision to withdraw his proposed appointment as chief executive.

chief executive of Italian bank UniCredit

, is seeking roughly €76m down from around €112m originally, a person familiar with the matter said.

Andrea Orcel slashes claim against Santander ahead of Madrid court hearing

Pietro Lombardi

Banco Santander

UniCredit

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Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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