The leader of Canada’s main opposition political party says the government should block HSBC Holdings Plc’s sale of its local operations to Royal Bank of Canada. Royal Bank struck an agreement last ...
HSBC’s Canada sale is both pleasing and puzzling for investors in the $122 billion British lender. RBC is paying $10 billion for HSBC Canada, or three times its Sept. 30 tangible book value. HSBC ...
Royal Bank Of Canada RY received approval to acquire HSBC Holdings, Plc. 's HSBC domestic unit, keeping more of Canada's banking sector in Canadian hands. The acquisition, which was proposed on 29th ...
Oct 19 (Reuters) - Pierre Poilievre, Canada's Conservative party leader, called for the federal government to reject Royal Bank of Canada's RY.TO C$13.5 billion ($9.84 billion) offer to buy HSBC's ...
Royal Bank of Canada (NYSE:RY) said Tuesday it agreed to acquire HSBC Bank Canada from HSBC (NYSE:HSBC) for C$13.5B (US$10.1B) in cash, adding C$134B in assets and bolstering its commercial bank and ...
Shares of HSBC Holdings HSBC have gained more than 17% since it divested its Canadian unit to Royal Bank of Canada RY for C$13.5 billion on March 29, 2024. In the same time frame, the industry has ...
VANCOUVER, British Columbia--(BUSINESS WIRE)--Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada 1, said: “Performance in the third quarter remained resilient. Core business ...
HSBC Holdings Plc will consider a special payout after the sale of its Canadian unit as the bank attempts to face down a campaign from its top shareholder to pursue a wider break-up of the business.
Royal Bank of Canada RY1.08%increase; green up pointing triangle said it would pay US$10.1 billion for HSBC Holdings PLC’sHSBA-1.63%decrease; red down pointing triangle Canadian operations, a move ...
Royal Bank of Canada said Tuesday it has reached an agreement to acquire HSBC Canada for C$13.5 billion ($10.1 billion) in cash. "This acquisition builds on our core domestic retail business and ...
VANCOUVER, British Columbia--(BUSINESS WIRE)--Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada 1, said: “Performance remained robust in the second quarter of 2023 continuing ...