Santander to buy Webster Bank in a $12.2B deal
Webster Bank deploying AI for cybersecurity
Banco Santander announced Tuesday that it has agreed to acquire Webster Financial Corporation, the Stamford, Conn. based parent of Webster Bank, in a transaction valued at about $12.2 billion, marking a major expansion of the Spanish lender’s presence in the United States. Under the terms of the deal, Webster Bank shareholders will receive $48.75 per share […]
