Banco Santander of Spain is trying to resurrect talks to combine its U.S. business with M&T Bank Corp. after negotiations collapsed last month, according to combined news reports. Both banks are mid-sized players in the U.S. mortgage market. Santander owns Sovereign Bank of Pennsylvania, which is also a top ranked warehouse provider. The two firms recently scheduled a meeting between executives to discuss combining operations but there's still disagreement on who would control the resulting bank franchise. The same issue hampered talks that collapsed in May.
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