Advanced merger talks between Sovereign Bank and M&T Bank (MTB) are dead for now, sources...

|By:, SA News Editor

Advanced merger talks between Sovereign Bank and M&T Bank (MTB) are dead for now, sources say. The deal would have made Spain's Banco Santander (STD), Sovereign's owner, a top-tier bank in the U.S. MTB -0.4%, STD +1.1% premarket.