[Federal Register Volume 91, Number 66 (Tuesday, April 7, 2026)]
[Notices]
[Pages 17648-17649]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2026-06718]


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FEDERAL RESERVE SYSTEM


Formations of, Acquisitions by, and Mergers of Bank Holding 
Companies

    The companies listed in this notice have applied to the Board for 
approval, pursuant to the Bank Holding Company Act of 1956 (12 U.S.C. 
1841 et seq.) (BHC Act), Regulation Y (12 CFR part 225), and all other 
applicable statutes and regulations to become a bank holding company 
and/or to acquire the assets or the ownership of, control of, or the 
power to vote shares of a bank or bank holding company and all of the 
banks and nonbanking companies owned by the bank holding company, 
including the companies listed below.
    The public portions of the applications listed below, as well as 
other related filings required by the Board, if any, are available for 
immediate inspection at the Federal Reserve Bank(s) indicated below and 
at the offices of the Board of Governors. This information may also be 
obtained on an expedited basis, upon request, by contacting the 
appropriate Federal Reserve Bank and from the Board's Freedom of 
Information Office at https://www.federalreserve.gov/foia/request.htm. 
Interested persons may express their views in writing on the standards 
enumerated in the BHC Act (12 U.S.C. 1842(c)). If the proposal also 
involves the acquisition of a nonbanking company, the review also 
includes whether the acquisition of the

[[Page 17649]]

nonbanking company complies with the standards in section 4 of the BHC 
Act (12 U.S.C. 1843), and interested persons may express their views in 
writing on the standards enumerated in section 4. Unless otherwise 
noted, nonbanking activities will be conducted throughout the United 
States.
    Comments received are subject to public disclosure. In general, 
comments received will be made available without change and will not be 
modified to remove personal or business information including 
confidential, contact, or other identifying information. Comments 
should not include any information such as confidential information 
that would not be appropriate for public disclosure.
    Comments regarding each of these applications must be received at 
the Reserve Bank indicated or the offices of the Board of Governors, 
Benjamin W. McDonough, Secretary of the Board, 20th Street and 
Constitution Avenue NW, Washington, DC 20551-0001, not later than May 
7, 2026.
    A. Federal Reserve Bank of Boston (Prabal Chakrabarti, Executive 
Vice President) 600 Atlantic Avenue, Boston, Massachusetts 02210-2204. 
Comments can also be sent electronically to 
[email protected]:
    1. Banco Santander, S.A., Boadilla del Monte (Madrid), Spain, and 
Santander Holdings USA, Inc., (together, ``Santander'') Boston, 
Massachusetts; to acquire Webster Financial Corporation (``Webster''), 
and thereby indirectly acquire Webster Bank, National Association, both 
of Stamford, Connecticut. In addition, Santander, through the 
acquisition of Webster, would indirectly acquire MW Advisor Holding, 
LLC, MW Advisor, LLC, and Marathon Direct Lending SLP, LLC, all of 
Wilmington, Delaware, and thus engage in investment advisory activities 
pursuant to section 225.28(b)(6) of the Board's Regulation Y.

    Board of Governors of the Federal Reserve System.
Michele Taylor Fennell,
Associate Secretary of the Board.
[FR Doc. 2026-06718 Filed 4-6-26; 8:45 am]
BILLING CODE P