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commerce
shāng yè
商业
·HSK 2

Spain / Spanish
Xībānyá
西班牙
Santander (bank)
Sāngtǎndé
桑坦德
bank
yínháng
银行
to announce
xuānbù
宣布
for / at (a price of)
yǐ
以
$12.3 billion
123亿美元
123亿美元
to acquire / acquisition
shōugòu
收购
Webster (bank)
Wéibósītè
韦伯斯特
bank
yínháng
银行
。

Spain / Spanish
Xībānyá
西班牙
Santander (bank)
Sāngtǎndé
桑坦德
bank
yínháng
银行
on (formal preposition)
yú
于
February 3rd
èr yuè sān rì
二月三日
to announce
xuānbù
宣布
,
will / plans to
jiāng
将
for / at (a price of)
yǐ
以
approximately
yuē
约
$12.3 billion
123亿美元
123亿美元
to acquire / acquisition
shōugòu
收购
United States
Měiguó
美国
Webster (bank)
Wéibósītè
韦伯斯特
bank
yínháng
银行
。
merger / to merge
hébìng
合并
to complete
wánchéng
完成
after
hòu
后
,
total assets
zǒng zīchǎn
总资产
will
jiāng
将
to reach / to amount to
dá
达
approximately
yuē
约
$327 billion
3270亿美元
3270亿美元
,
Santander
Sāngtǎndé
桑坦德
will
jiāng
将
to become
chéngwéi
成为
United States
Měiguó
美国
top 10
qián shí dà
前十大
bank
yínháng
银行
one of
zhī yī
之一
。

February 3, 2026 at 4:00 PM

Spain / Spanish
Xībānyá
西班牙
Santander (bank)
Sāngtǎndé
桑坦德
bank
yínháng
银行
to announce
xuānbù
宣布
to acquire / acquisition
shōugòu
收购
United States
Měiguó
美国
Webster (bank)
Wéibósītè
韦伯斯特
bank
yínháng
银行
。
acquisition / to acquire
shōugòu
收购
amount / sum
jīné
金额
approximately / about
yuē wéi
约为
$12.3 billion
123亿美元
123亿美元
。
this (time / deal)
zhè cì
这次
acquisition
shōugòu
收购
on (formal preposition)
yú
于
February 3rd
èr yuè sān rì
二月三日
to announce / to make public
gōngbù
公布
。
deal / transaction
jiāoyì
交易
method / manner
fāngshì
方式
is / to be
shì
是
cash
xiànjīn
现金
and / with
yǔ
与
stock / shares
gǔpiào
股票
(structural particle)
de
的
combination / mix
jiéhé
结合
。
merger / to merge
hébìng
合并
after
hòu
后
,
two (companies / banks)
liǎng jiā
两家
bank
yínháng
银行
(structural particle)
de
的
total assets
zǒng zīchǎn
总资产
approximately
yuē wéi
约为
$327 billion
3270亿美元
3270亿美元
。
this
zhè
这
will
jiāng
将
to make / to allow
shǐ
使
Santander
Sāngtǎndé
桑坦德
to become
chéngwéi
成为
United States
Měiguó
美国
top 10
qián shí dà
前十大
bank
yínháng
银行
one of
zhī yī
之一
。
deal / transaction
jiāoyì
交易
expected / projected
yùjì
预计
in (formal)
yú
于
the year 2026
2026年
2026年
second half of the year
xià bànnián
下半年
to complete / to close
wánchéng
完成
。

New Words

yínháng
银行
bank
shōugòu
收购
to acquire
měiyuán
美元
US dollars
jīné
金额
amount
jiāoyì
交易
transaction
xiànjīn
现金
cash
gǔpiào
股票
stock
hébìng
合并
merger
zǒng zīchǎn
总资产
total assets
wánchéng
完成
to complete

News in English

Business

Santander Agrees to Acquire Webster Bank for $12.3 Billion in Push to Enter Top 10 US Banks

Spanish bank Santander announced on February 3 it would acquire US lender Webster Financial for approximately $12.3 billion. After the merger, the combined entity will have around $327 billion in total assets, placing Santander among the top 10 banks in the United States.

Spanish Santander bank announced acquisition of United States Webster bank. The acquisition amount is approximately 12.3 billion dollars. This acquisition was announced on February 3rd. The transaction method is a combination of cash and stock. After the merger, the total assets of the two banks are approximately 327 billion dollars. This will make Santander one of the top 10 banks in the United States. The deal is expected to be completed in the second half of 2026.

More in Business

artificial intelligence
réngōng zhìnéng
人工智能
revenue / income
shōurù
收入
prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
,
semiconductor
bàndǎotǐ
半导体
stock price
gǔjià
股价
from
cóng
从
October
shí yuè
十月
peak / high point
gāodiǎn
高点
to retreat / to fall back
huíluò
回落
。

AI Revenue Uncertainty Pulls Semiconductor Stocks Off October Highs

United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
,
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
,
to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
de
的
one week
yī zhōu
一周
。

US Stocks Cap Volatile Week With Strong Friday Rally as Dow Gains Over 400 Points

international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
,
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
1.3 percent
bǎifēnzhī yī diǎn sān
1.3%
。

Nasdaq Slides 1.3 Percent as Brent Oil Holds Above 100 Dollars

OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

OPEC Announces November Oil Output to Remain Unchanged