Bumper pay day

Alfredo Saenz, chief executive of Santander, will collect €88 million in a lump sum from Spain's biggest bank after quitting amid fresh questions about a four-year-old criminal conviction. The Bank of Spain was reviewing the position of Mr Saenz (pictured) after Spain's Supreme Court partly overturned a 2011 pardon for making false accusations.

Alfredo Saenz, chief executive of Santander, will collect €88 million in a lump sum from Spain's biggest bank after quitting amid fresh questions about a four-year-old criminal conviction. The Bank of Spain was reviewing the position of Mr Saenz (pictured) after Spain's Supreme Court partly overturned a 2011 pardon for making false accusations.

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