FinancePYMNTSabout 3 hours ago
OCC Greenlights Santander's $12.2 Billion Webster Bank Acquisition
2 min read
The OCC approved Santander's $12.2 billion acquisition of Webster Bank. The deal remains subject to approval by the Federal Reserve Board and the European Central Bank. Santander expects the transaction to close in the second half, creating a top 10 U.S. retail and commercial bank by assets.
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