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HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...
Royal Bank of Canada reported a jump in second-quarter profit on Thursday, as the country's biggest bank benefited from the acquisition of HSBC's domestic business and strength in its wealth ...
The approval from Finance Minister Chrystia Freeland comes with conditions on RBC, including that none of HSBC Canada's 4,000 employees be fired within six months of the closing date — or two ...
Royal Bank said it was raising its quarterly dividend by 4% to C$1.54 and plans to buy back up to 35 million of its shares for cancellation. The new payout, equal to C$6.16 a year, represents an ...
Royal Bank of Canada RY-T is buying HSBC Bank Canada for $13.5-billion, bolstering RBC’s position as the country’s largest bank with a deal that could reshape its competitive position against ...
London-based HSBC's international presence is a major selling point for the Royal Bank of Canada's decision to buy the bank's Canadian unit. (Kerem Uzel/Bloomberg) Royal Bank of Canada has agreed ...
Since Trump announced his "Liberation Day" tariffs in April, US businesses have been scrambling to address the cost of the increased levies on goods.
TORONTO/NEW YORK, Nov 29 (Reuters) - Royal Bank of Canada's (RY.TO), opens new tab swift move to buy HSBC's (HSBA.L), opens new tab Canada unit for C$13.5 billion ($10 billion) strengthens its ...
Why selling HSBC Canada, the country’s most lucrative bank deal in decades, is unusually challenging
The dream scenario Big Six bank chiefs used to salivate over has come true: HSBC Bank Canada, the country’s seventh-largest lender, is up for sale. Yet with the auction already in motion ...
RBC pledged to keep HSBC staff for at least six months RBC's acquisition of HSBC's Canadian business closed in March Some staffers say they lack clarity on roles, futures Analyst says RBC may take ...
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