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Banco Santander Prioritizes Organic Growth Amid Market Shifts

2/6/2026

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Summary

Story summary

Banco Santander, S.A. will focus on organic growth and avoid acquisitions, per chair Ana Botín.
Santander completed a $12.3 billion deal to acquire Webster Bank in the United States (U.S.) and exited Poland.
In the U.S., home values fell for the sixth consecutive month in January, with mortgage payments 8.4% lower year over year.
Snap Inc. reported a decline in daily active users, raising advertising concerns.

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Story summary

Banco Santander, S.A. will focus on organic growth and avoid acquisitions, per chair Ana Botín.
Santander completed a $12.3 billion deal to acquire Webster Bank in the United States (U.S.) and exited Poland.
In the U.S., home values fell for the sixth consecutive month in January, with mortgage payments 8.4% lower year over year.
Snap Inc. reported a decline in daily active users, raising advertising concerns.