Federal Reserve Board announces approval of the application by Banco Santander, S.A. and Santander Holdings USA, Inc.

Federal Reserve Board announces approval of the application by Banco Santander, S.A. and Santander Holdings USA, Inc.

The Federal Reserve Board on Tuesday announced its approval of the application by Banco Santander, S.A., of Madrid, Spain, and Santander Holdings USA, Inc., of Official websites use .govA .gov website belongs to an official government organization in the United States. Secure .gov websites use HTTPSA lock (LockLocked padlock icon) or https:// means you've safely connected to the .gov website. Share sensitive information only on official, secure websites. The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system.

For release at 4:30 p.m. EDT Share The Federal Reserve Board on Tuesday announced its approval of the application by Banco Santander, S.A., of Madrid, Spain, and Santander Holdings USA, Inc., of Boston, Massachusetts, to acquire Webster Financial Corporation, and thereby indirectly acquire Webster Bank, National Association, both of Stamford, Connecticut. For media inquiries, please email [email protected] or call (202) 452-2955.