(IN BRIEF) Santander Holdings USA, Inc., the intermediate holding company for Banco Santander, S.A. in the United States, has completed the acquisition of Webster Financial Corporation, the holding company for Webster Bank, N.A., following shareholder and regulatory approvals. The transaction … Read the full press release →
Posted in Banks, Business, Financial, Investment, Management, Retail, Spain
Tagged $172 billion deposits, $185 billion loans, $327 billion assets, 18 percent RoTE target, 2028 target, ATM access, auto finance, Banco Santander, banking acquisition, banking integration, Boston, branch footprint, business mix, Christiana Riley, Commercial Banking, competitive relevance, Connecticut, Corporate and Investment Banking, corporate hub, customer relationships, customer service continuity, Dallas, digital offerings, fee-free ATM access, financial services, funding profile, healthcare financial services, John Ciulla, Luis Massiani, Miami, nearly eight million customers, New York, Northeast United States, pro forma balance sheet, product offerings, regulatory approvals, relationship banking, Retail Banking, return on tangible equity, RoTE, Santander, Santander Advances U.S. Growth Strategy With Completed Webster Acquisition, Santander Bank, Santander headquarters, Santander Holdings USA, Santander US, Santander US Completes Acquisition of Webster Financial Corporation, shareholder approvals, Stamford, Tim Ryan, U.S. growth strategy, United States, wealth management, Webster acquisition, Webster Bank, Webster Bank Businesses Join Santander Bank Following Transaction Close, Webster Financial Corporation