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 ...

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 $ ...

HSBC Bank Canada is not adopting its parent company ... In May, the Office of the Superintendent of Financial Institutions (OSFI) released draft rules mandating that federally regulated banks ...

HSBC is considering selling its Canada business, one of the biggest international banking brands in the country, a spokesperson for the bank said on Tuesday, as it looks to beef up returns pressed ...

(Alliance News) - Royal Bank of Canada on Wednesday said it has entered an agreement to acquire HSBC Bank Canada, in a move to position itself as the bank of choice for globally connected clients.

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She was appointed chief compliance officer for HSBC Bank Canada in 2020 and moved to RBC earlier this year after it acquired HSBC's domestic unit for $10 billion. Stavridis will be tasked with ...

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.