RY posts a 6.9% y/y rise in Q2 earnings as revenues climb, but higher expenses and credit provisions weigh on the results.

HSBC will inject US$4bn into its private credit funds to accelerate growth in the fast-expanding US$2tn global private credit ...

Canada on Thursday approved Royal Bank of Canada's (RY.TO), opens new tab C$13.5 billion dollars ($10.2 billion) acquisition of HSBC's (HSBA.L), opens new tab domestic unit, in a deal that would ...

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 ...

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 ...

HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its ...

With Royal Bank’s earnings just around the corner, here’s what’s fueling the stock’s rally, and whether now’s the right time ...

(Bloomberg) -- Royal Bank of Canada’s landmark deal to acquire HSBC Holdings Plc’s Canadian division led to the country’s first decrease in foreign direct investment in 14 years. Foreigners ...

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 ...

Since Trump announced his "Liberation Day" tariffs in April, US businesses have been scrambling to address the cost of the increased levies on goods.

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 ...