Santander-Webster Financial deal could be stalled by Trump suspending trade with Spain, Wells Fargo analyst says
ReutersMar 3, 2026 8:11 PM
NEW YORK, March 3 (Reuters) - The acquisition of Webster Financial by Santander could be stalled by president Trump's decision to suspend trade with Spain, Wells Fargo bank analyst Mike Mayo said in a note to clients on Tuesday.
Mayo downgraded Webster stock citing potential hurdles to approve the deal.
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