JPMorgan pours cold water on the possibility Santander (STD) will take over M&T Bank (MTB):...

|By:, SA News Editor

JPMorgan pours cold water on the possibility Santander (STD) will take over M&T Bank (MTB): "With Santander now taking its interest public, our view is that MTB is likely not a willing seller." With MTB one of the few banks that remained profitable throughout the crisis, it's got a "relatively strong position from which to exercise a desire to remain independent," firm says.