Webster Bank

The final regulatory approval clears the way for Santander to complete its $12.3 billion acquisition of Webster on Aug. 20.

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

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 reported higher first-quarter profit as it advances its pending sale to Banco Santander.

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.

Banco Santander’s planned $12.3 billion acquisition of Webster Financial Corp. stands as one of the most consequential banking deals in Connecticut’s recent history.

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.

Stamford-based Webster Financial Corp., a dominant player in Connecticut’s banking scene, has entered a deal to be acquired by Spain-based Banco Santander.

Connecticut banks see brighter 2026 outlook after 82% posted higher third-quarter profits, with interest rate cuts expected to spur refinancing and loan growth despite competition from nonbank lenders.

Stamford-based Webster Financial's HSA Bank subsidiary has acquired a Milwaukee-based provider of employer-sponsored emergency savings accounts. HSA Bank...