# Santander Holdings USA, Inc. — capital_raise/private_placement [pending]
Source: SEC API (secapi.ai) · situation sit_ea3c6845c99b7958c3d9 · retrieved 2026-08-16T21:05:38.054Z

## Overview
Santander Holdings USA, Inc. is a national commercial bank and subsidiary of Banco Santander, S.A., operating through subsidiaries including Santander Consumer USA Inc., Santander Bank, N.A., and other financial services entities, with core business segments in consumer auto lending, commercial real estate lending, corporate and investment banking, and wealth management.

Santander Holdings USA, Inc. received Federal Reserve approval on August 4, 2026, for its acquisition of Webster Financial Corporation. The transaction had previously received approval from the Office of the Comptroller of the Currency on June 12, 2026, and authorization from the European Central Bank on July 21, 2026. The acquisition is expected to close on August 20, 2026. Webster brings approximately $86 billion in total assets, $58 billion in loans, and $70 billion in deposits to the combined entity, which will have total assets of approximately $251 billion.

## Terms
- Counterparty: Webster Financial Corporation

## Key dates
- Announced 2026-08-12 · Expected close 2026-08-20

## Timeline
- 2026-08-12 · 8-K (0000811830-26-000032): 8-K - Santander Holdings USA, Inc. — *Santander Holdings USA, Inc. is a national commercial bank and subsidiary of Banco Santander, S.A., operating through subsidiaries including Santander Consumer USA Inc., Santander Bank, N.A., and other financial services entities, with core business segments in consumer auto lending, commercial real estate lending, corporate and investment banking, and wealth management.* Santander Holdings USA, Inc. received Federal Reserve approval on August 4, 2026, for its acquisition of Webster Financial Corporation. The transaction had previously received approval from the Office of the Comptroller of the Currency on June 12, 2026, and authorization from the European Central Bank on July 21, 2026. The acquisition is expected to close on August 20, 2026. Webster brings approximately $86 billion in total assets, $58 billion in loans, and $70 billion in deposits to the combined entity, which will have total assets of approximately $251 billion.
  https://www.sec.gov/Archives/edgar/data/811830/0000811830-26-000032.txt

## Citations
- 0000811830-26-000032 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000081183026000032