Mergers and Acquisitions (M&A): Webster Financial Corporation (NYSE: WBS) announces Merger Agreement with Banco Santander (NYSE: SAN) for $12.3 Billion
Boston, MA – Santander has announced the acquisition of Webster Bank (https://www.websterbank.com/). According to the company announcement, Santander in the U.S. is a diversified financial business with around 11,000 employees, 5 million customers and $215 billion in assets. Santanders purpose is to help people and businesses prosper. In the U.S., Santander does this through Santander Bank, N.A. (SBNA), its retail and commercial bank in the U.S. northeast; Santander Consumer USA Holdings Inc. (SC, NYSE: SC), its consumer finance unit based in Dallas, Texas; through private banking through Banco Santander International in Miami; and in investment banking and markets through a New York branch and Santander Investment Securities, Inc. Santander US is part of Banco Santander S.A. (NYSE:SAN), a leading retail and commercial bank based in Spain with a meaningful presence in 10 core markets in Europe and the Americas.
To learn more about Santander, visit https://www.santanderus.com/
Company LinkedIn Page: https://www.linkedin.com/company/santander-us/
Company Contact:
Santander
75 State St.
Boston, MA 2109
877-768-2265
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