Santander’s Botin: $12B Webster Deal to Drive Profitability
Spain’s biggest lender Banco Santander’s CEO Ana Botin said the 12 billion-dollar acquisition of the US bank Webster Financial will represent ‘great profitability’ among the top banks in the US.
Santander beat estimates in the fourth quarter for net income and also announced a share buyback of 5 billion euros.Ana Botin spoke with Bloomberg’s Anna Edwards, Tom Mackenzie and Guy Johnson from Madrid. (Source: Bloomberg)
Spain’s biggest lender Banco Santander’s CEO Ana Botin said the 12 billion-dollar acquisition of the US bank Webster Financial will represent ‘great profitability’ among the top banks in the US.
Santander beat estimates in the fourth quarter for net income and also announced a share buyback of 5 billion euros. Ana Botin spoke with Bloomberg’s Anna Edwards, Tom Mackenzie and Guy Johnson from Madrid.