Santander Receives OCC Approval for Acquisition of Webster Bank
The Office of the Comptroller of the Currency (OCC) has approved Santander's $12.3 billion acquisition of Connecticut-based Webster Bank, marking a significant step in the deal process. The approval came 74 days after submission and follows recent trends showing faster regulatory approvals for major bank mergers under President Donald Trump’s administration.
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Topics: M&A OCC approval Santander Webster Bank