TORONTO — Royal Bank of Canada is reopening HSBC Canada branches under its own brand on Monday after closing its takeover of the bank last week. The $13.5-billion acquisition of what was Canada’s ...

HSBC Canada's branches and offices will open for business on Monday, April 1 as RBC locations, RBC said in a separate statement. The merger, RBC's biggest, overcame opposition from environment and ...

TORONTO - Royal Bank of Canada says it will be closing 25 HSBC Bank Canada branches and rebranding dozens more after its takeover deal closes next week. RBC spokesperson Christine Stewart said the ...

Shares of HSBC Holdings HSBC have gained more than 17% since it divested its Canadian unit to Royal Bank of Canada RY for C$13.5 billion on March 29, 2024. In the same time frame, the industry has ...

Banking services must continue to be provided at a minimum of 33 HSBC branches for four years. RBC also agreed to provide $7 billion in financing for affordable housing construction across Canada ...

The takeover, which would see RBC absorb HSBC Canada’s 800,000 clients, 4,200 employees, 130 branches and $130 billion in assets, will need approval from the Office of the Superintendent of ...

When Royal Bank of Canada RY-T closed its acquisition of ... including that it maintain a minimum number of HSBC branches, finance affordable-housing projects and keep certain HSBC employees ...

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 RY-T wants to buy HSBC Holdings’s HBCYF Canadian operations ... s costs by merging back offices, closing bank branches and streamlining technology spending.