Banco Santander has decided to halt the appointment of Alexsandro Broedel Lopes as its new global chief accounting officer following allegations of fraud made by his former employer, Itau. Instead, the Spanish bank has nominated Manuel Preto for the position. Santander had initially planned to appoint Broedel in July, but legal issues prompted a reconsideration of his candidacy. This change was confirmed in an internal memo and reported by multiple sources. Meanwhile, in related Spanish banking news, the government has expressed reservations about the creation of a new Spanish bank, and political figures such as Yolanda Díaz have voiced opposition to BBVA's takeover bid for Sabadell.