RBC (RY) will also buy all of the existing preferred shares and subordinated debt of HSBC Canada held directly or indirectly by HSBC Holdings plc (HSBC) at par value for a total of ~C$2.1B in ...

Royal Bank of Canada has entered an agreement to buy HSBC Holdings PLC’s Canadian business in a $13.5-billion cash deal that will pad RBC’s lead as Canada’s largest bank, assuming regulators give the ...

Royal Bank of Canada has signed a deal to acquire HSBC Bank Canada for $13.5 billion in cash. RBC chief executive Dave McKay said the deal offers the opportunity to add a complementary business and ...

Royal Bank struck an agreement last year to buy HSBC Canada for C$13.5 billion ($9.9 billion), and Finance Minister Chrystia Freeland is expected to make a decision in the coming months ...

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(Reuters) -Royal Bank of Canada, the country's biggest bank, beat quarterly profit expectations, helped by its acquisition of HSBC's domestic business and strength at its wealth management arm ...

You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here ... The original article “HSBC Plans to Expand Private Wealth Management Business in Canada,” issued on ...