Spain's Santander poised to halt appointment of new accounting boss, source says
MADRID, June 4 (Reuters) - Spanish bank Santander (SAN.MC), opens new tab is set to halt the appointment of Alexsandro Broedel Lopes as its new chief accounting officer, a person familiar with the matter said.
Broedel, who had been set to start in the role at Santander in the coming months, faces litigation proceedings from his former employer Brazilian lender Itau Unibanco (ITUB4.SA), opens new tab, which accuses Broedel of diverting funds while at the bank.
Santander declined to comment. Broedel was not immediately available for comment.
Broedel's representatives had previously said their client denies any misconduct.
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