Andrea Orcel will join Santander as CEO in early 2019, as UBS names Piero Novelli and Robert Karofsky co-presidents of the investment bank.
Morgan Stanley has reportedly followed Goldman Sachs and Santander in leaving the R3 blockchain venture.
Santander joined R3 in 2015 but has now followed Goldman Sachs in leaving the venture.
Spanish banking group Santander has created a new position to utilise the skills of one of the industry's best known experts in distributed ledger technology.
Deutsche Bank and Santander were the only banks to fail for a second year in a row.
Continuing our profiles of the most influential buy-siders, we detail the career of Mark Winter, head of dealing at Santander Asset Management.