HSBC’s Canada sale is both pleasing and puzzling for investors in the $122 billion British lender. RBC is paying $10 billion for HSBC Canada, or three times its Sept. 30 tangible book value.

Max Kettner, HSBC chief multi-asset strategist, joins 'Closing Bell' to discuss the current market's standing, if market risks have been set aside and much more.

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 ...

HSBC Canada’s sale to RBC for $13.5 billion passed its final hurdle on Thursday with ... but it would get close enough so that the customer didn’t have to leave the bank or go elsewhere ...

HSBC's long-running review into where to locate its headquarters is finally coming to a close, according to a report in the Telegraph. The bank is reviewing whether or not to leave the UK, as it ...

Since 2016, HSBC Bank Canada has been just such a challenger, perennially and openly undercutting big banks on mortgage pricing. But now, HSBC Bank Canada confirms it’s looking at a potential sale .

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 ...

One of the conditions also included providing voluntary departure packages for any HSBC employees seeking to leave. "You should not worry," RBC CEO Dave McKay told HSBC Canada staff in a December ...

HSBC is to move its world headquarters from its 45-storey Canary Wharf tower, possibly back to the City of London. The banking giant is to move out of 8 Canada Square by 2027 when its current ...

HSBC is set to exit its Canary Wharf office and move to a smaller base near London’s St Paul’s. The bank is hoping to leave its 45-storey tower in Canada Square by 2027, 15 years after it was ...

VANCOUVER, British Columbia — Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada 1, said: “It has been a good start to the year, and we performed well despite the significant ...