Deal gives Santander 'final step change' needed for U.S. growth
Key insight: Santander's pending acquisition of Webster Financial checks several boxes for the Spanish bank, which has been seeking greater scale and profitability in the U.S.Expert quote: "Being one of the most profitable banks in our core geographies is a key target for Santander, and the Webster acquisition gets us there." — Ana Botín, group executive chair, Banco SantanderForward look: The deal must win the approval of U.S. and European regulators as well as shareholders of both banks. Santander is targ ...