Santander and Centerbridge win EU approval for joint control of Ebury

Banco Santander (SAN) completed its acquisition of Webster Financial on August 20, 2026, issuing 329.8 million new shares at EUR 10.79 each, raising EUR 3.56 billion. The new shares represent 2.2% of the bank's share capital and will be listed on Spanish and foreign exchanges.

Banco Santander completed its acquisition of Webster Financial Corporation on 20 August 2026. The bank executed a capital increase, issuing 329,846,438 new shares at EUR 10.7896 each, raising EUR 3,558,911,127.4448. The new shares represent 2.1962% of the bank's share capital post-increase. The bank's total share capital is now EUR 7,509,582,970, represented by 15,019,165,940 shares.

Banco Santander completed its acquisition of Webster Financial, receiving regulatory and shareholder approvals. The deal strengthens Santander's U.S. presence, aiming for a 18% return on tangible equity by 2028. Webster will be removed from the S&P MidCap 400 index. The acquisition follows Santander's purchase of TSB in the UK.

According to a Manhattan federal court filing, Mexican banking affiliates of Bank of America, Citigroup, Deutsche Bank, HSBC, Santander and BBVA will pay $86.4 million to settle a lawsuit alleging they fixed prices and allocations in Mexican government bond trading from 2006 to 2017. Total settlements reach $107.1 million including Barclays and JPMorgan. Banks deny wrongdoing; judge approval pending.

Banco Santander approved a share buyback under its shareholder remuneration policy. The programme targets about 25% of H1 2026 underlying profit, or about EUR 1.825 billion, to be executed after its current buyback ends. It allows up to 1,468.9 million shares at market price, with an indicative duration of 98 trading days.

Banco Santander approved a share repurchase programme under its 2026 shareholder remuneration policy. The board targets total shareholder remuneration of about 50% of Group underlying profit, split between dividends and buybacks. The buyback amount is about EUR 1,825 million (c. 25% of underlying profit H1 2026), with a max 1,468,931,950 shares. Execution starts after its current buyback ends, expected 21 Aug 2026.