Webster Financial, Santander
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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.
Banco Santander (NYSE:SAN) executives highlighted record profitability and continued progress on the group’s “One Transformation” initiative during the company’s latest results presentation and Q&A, w
Banco Santander (SAN) shares climbed 3% in Wednesday morning trading in the U.S. after posting better-than-expected Q4 earnings thanks to growing in net fee income and net interest income, as well as tighter expenses.
The Spanish banking giant is accelerating its U.S. growth plans with the pending acquisition of Webster Financial in Connecticut. The combined entity will be the second-largest foreign-owned bank operating in the country.
The acquisition would create a top-10 retail and commercial bank in the U.S. by assets and a top-five deposit franchise in the Northeast, the banks said Tuesday.
By Marcela Ayres and Bernardo Caram BRASILIA, Feb 4 (Reuters) - Brazil's National Treasury Attorney General's Office (PGFN) has reached settlement deals with lenders Itau, Santander Brasil and Citi that resulted in about 2.
Banco Santander has recently filed a US$326.50 million shelf registration for 25,000,000 American Depositary Receipts linked to an ESOP-related offering, while preparing to release its fiscal year 2025 results and hold an earnings call on 4 February 2026.