Santander

Santander completes $12.3B Webster acquisition, plans eventual rebranding

The deal gives Santander a major Connecticut presence as rival banks target Webster customers and integration-related job cuts loom.

🔒European Central Bank clears Webster acquisition by Santander; Fed approval still pending

The $12 billion-plus deal is expected to close in the coming months.

Santander names leadership team for Webster deal, outlines executive turnover

Banco Santander has named the leadership team for its combined U.S. business following its pending $12.3 billion acquisition of Webster Financial Corp.

🔒Webster Financial skips earnings call, withholds outlook amid Santander deal

Webster Financial reported higher first-quarter profit as it advances its pending sale to Banco Santander.
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🔒Rival lenders target Webster customers as Santander deal unfolds

Connecticut banks and credit unions are moving quickly to capitalize on customer uncertainty surrounding Banco Santander's $12.3 billion acquisition of Webster Financial, deploying targeted marketing campaigns aimed at luring away customers rattled by the deal.

Santander’s $12.3B Webster deal would reverse years of CT branch closings

After years of reducing branches in Connecticut, Banco Santander’s $12.3 billion purchase of Webster Financial would give it one of the largest footprints in the state.
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