The Federal Reserve Board has approved Banco Santander, S.A. and Santander Holdings USA, Inc.’s application to acquire Webster Financial Corporation, which would indirectly acquire Webster Bank, National Association. The approval was announced on August 4, 2026. The applicants are based in Madrid, Spain, and Boston, Massachusetts, respectively. Webster Financial Corporation and Webster Bank are based in Stamford, Connecticut. For media inquiries, contact media@frb.gov or (202) 452-2955.
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