Santander Receives Federal Reserve Approval for the Acquisition of Webster Financial Corporation
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
AI summary
MADRID & STAMFORD, Conn.--(BUSINESS WIRE)--Banco Santander, S.A. (“Santander”) and Webster Financial Corporation (“Webster”) today announced that they have received the required approval from the Board of Governors of the Federal Reserve System for Santander's previously announced acquisition of Webster, the holding company for Webster Bank, N.A., a diversified U.S. retail and commercial bank. This follows the approval by the Office of the Comptroller of the Currency on June 12, 2026, and the a
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