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Forex News

Fed Approves Santander's Acquisition of Webster Financial

The Federal Reserve Board announced approval of an application by Banco Santander, S.A. to acquire Webster Financial Corporation. The approval was disclosed in a press release dated August 04, 2026 at 4:30 p.m. EDT.

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  • The Federal Reserve Board announced approval of Banco Santander, S.A.'s application to acquire Webster Financial Corporation.
  • Webster Financial Corporation is headquartered in Stamford, Connecticut.
  • The transaction also involves the indirect acquisition of Webster Bank, National Association, which is likewise headquartered in Stamford, Connecticut.
  • Banco Santander, S.A. is headquartered in Madrid, Spain.
  • Santander Holdings USA, Inc. is headquartered in Boston, Massachusetts.

Federal Reserve Approves Santander-Webster Deal

The Federal Reserve Board announced approval of an application submitted by Banco Santander, S.A. to acquire Webster Financial Corporation. The announcement was made via a press release dated August 04, 2026, issued at 4:30 p.m. EDT.

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Fed Approves Santander's Acquisition of Webster Financial

Details of the Transaction

Webster Financial Corporation is headquartered in Stamford, Connecticut. As part of the approved application, Banco Santander, S.A. is also set to indirectly acquire Webster Bank, National Association. Webster Bank, National Association is likewise headquartered in Stamford, Connecticut.

Corporate Backgrounds

Banco Santander, S.A. is headquartered in Madrid, Spain. Its U.S. subsidiary, Santander Holdings USA, Inc., is headquartered in Boston, Massachusetts.

  • Federal Reserve Board announced approval of application.
  • Banco Santander, S.A. sought to acquire Webster Financial Corporation.
  • Webster Financial Corporation is headquartered in Stamford, Connecticut.
  • Banco Santander, S.A.'s indirect acquisition target is Webster Bank, National Association.
  • Webster Bank, National Association is headquartered in Stamford, Connecticut.
  • Banco Santander, S.A. is headquartered in Madrid, Spain.
  • Santander Holdings USA, Inc. is headquartered in Boston, Massachusetts.