JPMorgan pours cold water on the possibility Santander (STD) will take over M&T Bank (NYSE: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.
JPMorgan pours cold water on the possibility Santander (STD) will take over M&T Bank...
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Symbol | Last Price | % Chg |
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SAN | - | - |
Banco Santander, S.A. |