All articles tagged with #santander bank
Santander Bank will acquire Webster Financial Corp., the parent company of Webster Bank, in a $12.3 billion deal that would create a larger, regional lender with a broader U.S. footprint; the agreement is contingent on regulatory approvals and customary closing conditions, with completion expected after clearance from authorities.
Police have raided a storage unit facility in North Providence as part of an ongoing investigation into a $500,000 bank heist at Santander Bank in Providence. The raid is connected to the heist, which involved thieves opening the bank vault and escaping through a back door within three minutes. While persons of interest have been identified, no arrests have been made yet. Police have been examining whether it was an inside job and have searched the home of a bank employee, finding cash, vaults, and other items matching the suspects' description.