Trump will have the final word on the purchase of the American bank Webster by Santander
Santander awaits approval from US federal agencies, including oversight by Trump, for its acquisition of Webster Bank.
Santander will charge $489 million if Webster Bank breaks the purchase agreement
Santander has a clause in its acquisition deal with Webster Bank that allows it to claim $489 million if Webster opts for another offer.
Botín, after the purchase of Webster: "We hope to increase payouts as profits grow"
Ana Botín, president of Banco Santander, affirmed the bank's commitment to increasing shareholder returns through dividends or stock buybacks following the acquisition of Webster, while ruling out further purchases.
Banco Santander acquires Webster Bank in the United States for $12 billion
Banco Santander announced its acquisition of Webster Bank, valued at over $12 billion, which will be financed through a mix of cash and stock and is expected to close in Q3 of 2026.
Botín defends investing in the US during the Trump era: 'The returns will compensate for the risks'
Ana Botín, the president of Banco Santander, addressed the media defending investment in the US amidst geopolitical tensions during Donald Trump's administration, citing record 2025 results and the acquisition of Webster Bank as rationale.
Ana Botín on the acquisition of Webster: "The US is the most attractive market in the world" for banking
Ana Botín, president of Banco Santander, emphasizes the US market's attractiveness for banking following their acquisition of Webster; she states the bank will not pursue further acquisitions or sales as they have the necessary scale in all their operating countries.
Santander buys Webster Bank for $12.2 billion to grow in the US
Banco Santander is acquiring Webster Bank for $12.2 billion, aiming to expand its operations in the United States and generate $800 million in cost synergies.
Banco Santander agrees to purchase Webster Bank in the US for 10.16 billion euros
Banco Santander has reached an agreement to acquire Webster Financial Corporation, the parent company of Webster Bank in the United States, for 12.2 billion dollars (approximately 10.16 billion euros), aiming for an 18% return on tangible equity in the US by 2028.
Santander acquires the American bank Webster Bank for $10.3 billion after another year of record profit
Banco Santander is acquiring the American bank Webster Bank for $12.2 billion, aimed at strengthening its position as one of the top ten banks in the U.S.
Banco Santander buys Webster Bank for more than 10 billion euros
Banco Santander has announced its acquisition of Webster Financial Corporation for over 10 billion euros, positioning it among the top ten retail and commercial banks in the United States by assets.
Santander agrees to buy Webster Bank for $12.2 billion to grow in the US
Banco Santander has reached an agreement to acquire Webster Financial Corporation, the parent company of Webster Bank, for $12.2 billion to expand its presence in the US market.