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AI IntelligenceFeb 3, 2026M&A
Article

Santander -> Webster Financial

Spanish lender Santander has agreed to a $12.2 billion deal to acquire US-based bank Webster Financial. The acquisition expands Santander's footprint in the north-eastern US retail banking market. It is the latest European group to make a bid for American retail banking customers.

Data Cube AI EditorialSource: Financial Times
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Source Brief

Spanish lender Santander has agreed to a $12.2 billion deal to acquire US-based bank Webster Financial. The acquisition expands Santander's footprint in the north-eastern US retail banking market. It is the latest European group to make a bid for American retail banking customers.

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