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

-1.49%

-1.01%

Banco Santander S.A. Sponsored ADR

SAN

10.89

-1.49%

Webster Financial Corporation

WBS

67.81

-1.01%

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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