Santander accelerates in its global bet with approval in the US
La entidad ya cuenta con la aprobación de la Fed para la adquisición de Webster Financial Corporation
Banco Santander announced yesterday that it has already obtained approval from the US Federal Reserve to proceed with the acquisition of Webster Financial Corporation, a strategic operation and bet for the entity chaired by Ana Botín worth around $12,000 million (around €10,000 million at the current exchange rate). The approval accelerates the completion of the transaction, which should not be delayed beyond this month of August.
The Spanish firm already had the green light from both the US banking supervisory body and the European Central Bank (ECB).
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
