HSBC has confirmed plans to relocate its last remaining Northern Ireland branch to a busier part of Belfast city centre. The lender is proposing to move its current branch on Royal Avenue to the ...

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 ...

Royal Bank of Canada's (RY) planned buyout of HSBC Holdings' (HSBC) Canadian unit gets a green signal from the Competition Bureau.

Canada on Thursday approved Royal Bank of Canada's C$13.5 billion dollars ($10.2 billion) acquisition of HSBC's domestic unit, in a deal that would further tighten the country's top lenders' grip ...

OTTAWA—Canada on Thursday approved Royal Bank of Canada’s proposed $10.1 billion deal for HSBC Holdings’s Canadian unit, over a year after the two lenders unveiled the transaction. Canadian ...

HSBC Holdings said it completed the C$13.5 billion ($9.96 billion) sale of its Canadian unit, HSBC Bank Canada, to Royal Bank of Canada (RBC) on Thursday.

Canada has approved Royal Bank of Canada's (TSX:RY:CA) (NYSE:RY) acquisition of HSBC's (NYSE:HSBC) Canadian unit for $10.2B, which is subject to certain conditions imposed on the acquirer.

HSBC Holdings HSBC has completed the divestiture of its Canada unit to Royal Bank of Canada RY for C$13.5 billion. The deal, announced in November 2022, will lead to an estimated gain on sale of ...

British bank HSBC Holdings plc (NYSE:HSBC) just inked a deal to sell its Canadian unit to the Royal Bank of Canada (RY) for roughly $10 billion in cash.In recent years, HSBC has made efforts to ...

At a $13.5 billion dollar valuation, Royal Bank would be paying 2.3x HSBC Canada's book value ($5.9 billion) and 17x earnings ($792 million) as of the end of 2022. This is a hefty price to pay.