Santander wins Fed approval for Webster Financial acquisition
WBS•Fed clears Santander's Webster Financial acquisition
Santander secured Federal Reserve clearance for its acquisition of Webster Financial, the parent of Webster Bank.
The deal is now expected to close on Aug. 20, 2026.
Santander outlines financial targets for U.S. business
Santander expects about 7%–8% EPS accretion by 2028.
It is targeting around 18% return on tangible equity for its U.S. business by 2028 and an estimated 15% return on invested capital by 2028.
