Santander’s pending acquisition of Webster Financial will result in the integration of Webster’s lines of business into Santander’s global business structure in the U.S., which includes retail banking and auto finance. David McClelland will remain as head of Santander’s U.S. auto business, according to an April 6 Webster filing with the SEC. Santander operates globally across corporate and investment banking, wealth management and insurance, payments, retail and commercial banking, and Openbank, which encompasses mobility finance, including auto lending, […]
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