The OCC approved the merger of Webster Bank into Santander Bank N.A., which must still receive approval from the European Central Bank.
2 reports, 2 independent
Updated Jul 22
Gone quiet
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- 2
- Developments
- 2
- Repetition
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New informationRepeats or wire copies
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What happened
The OCC approved the merger of Webster Bank into Santander Bank N.A., which must still receive approval from the European Central Bank.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- An acquisition involving Santander is currently seeking necessary approvals from multiple financial regulators, including the OCC, Federal Reserve, and ECB.Sub-event
Santander merger approved by OCC, awaiting final ECB sign-off.1 source
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The entities involved
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Santander Group
Spanish multinational company
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European Central Bank
central bank of the European Union and the eurozone