HSBC’s Canada sale is both pleasing and puzzling ... suggesting investors at least don't think McKay has taken leave of his senses. HSBC investors, understandably, love the deal.

the loss of which could leave Canadians paying higher rates. (Adrian Wyld/The Canadian Press) Many had called for RBC's takeover of HSBC Canada to be blocked, arguing it would decrease competition ...

But now, HSBC Bank Canada confirms it’s looking at a potential sale. And that could leave consumers paying more. What HSBC has meant for competition For six years, HSBC has advertised rates that ...

The proposed HSBC Canada acquisition comes at a precarious time and may leave shareholders vulnerable. Combined with recession loan losses, Royal Bank may be forced to cut its dividend or issue ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nuno Matos, HSBC’s head of wealth and personal banking who had been a leading contender to become chief ...