Santander-Webster Financial deal could be stalled by Trump suspending trade with Spain, Wells Fargo analyst says-March 2024-www.financetom.com

Santander-Webster Financial deal could be stalled by Trump suspending trade with Spain, Wells Fargo analyst says

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Santander-Webster Financial deal could be stalled by Trump suspending trade with Spain, Wells Fargo analyst says

Mar 11, 2026 6:14 AM

NEW YORK, March 3 (Reuters) - The acquisition of Webster

Financial ( WBS ) 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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