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Banco Santander Nears Completion of Webster Financial Purchase

MT Newswires·08/05/2026 02:46:03
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02:46 AM EDT, 08/05/2026 (MT Newswires) -- Banco Santander (SAN.MC, BNC.L) said Wednesday it expects to complete by Aug. 20 the acquisition of US bank Webster Financial Corp. The Spanish lender already received approvals from relevant regulators for the transaction, with the latest on Tuesday from the Board of Governors of the Federal Reserve System of the US.