Santander Bank predicts its $12 billion acquisition of Webster Bank will provide it with additional synergies of more than $800 million through 2028 and result in a savings of $280 million in technology costs. “We will be a top-10 national retail and commercial bank by assets in the U.S., and again, our U.S. deposit franchise, together with Webster, becomes more stable and diversified,” Executive Chair Ana Botin said today during the $2.16 trillion bank’s fourth-quarter earnings call. “The technology […]






