press releases · December 9, 2008
Press Release
December 10, 2008
Approval of proposal by Banco Santander
For immediate release
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The Federal Reserve Board on Wednesday announced its approval of the proposal by Banco Santander, S.A., Madrid, Spain, to acquire all the voting shares of Sovereign Bancorp, Inc., Philadelphia, and thereby indirectly acquire its subsidiary federal savings bank, Sovereign Bank, Wyomissing, both of Pennsylvania.
Attached is the Board's Order relating to this action.
Attachment
Cite this document
APA
Federal Reserve (2008, December 9). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20081210_approval_of_proposal_by_banco_santander
BibTeX
@misc{wtfs_press_release_20081210_approval_of_proposal_by_banco_santander,
author = {Federal Reserve},
title = {Press Release},
year = {2008},
month = {Dec},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20081210_approval_of_proposal_by_banco_santander},
note = {Retrieved via When the Fed Speaks corpus}
}