Santander Chair Botín holds second 2026 meeting with FDIC regarding potential Webster acquisition

Santander Chair Ana Botín held a second meeting this year with the FDIC chair, accompanied by Santander USA and Webster executives, signaling advanced-stage discussions for a potential acquisition. The frequency of these high-level regulatory engagements suggests a formalization of the deal structure, though regulatory approval remains the primary hurdle for a cross-border banking consolidation of this scale.