The leader of Canada’s main opposition political party says the government should block HSBC Holdings Plc’s sale of its local operations to Royal Bank of Canada. Royal Bank struck an agreement last ...

Royal Bank Of Canada RY received approval to acquire HSBC Holdings, Plc. 's HSBC domestic unit, keeping more of Canada's banking sector in Canadian hands. The acquisition, which was proposed on 29th ...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada 1, said: “Performance in the third quarter remained resilient. Core business ...

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. HSBC ...

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 and ...

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 ...

HSBC Holdings plc’s HSBC wholly-owned subsidiary, HSBC Overseas Holdings (UK) Limited, has entered an agreement to sell its Canada banking business — HSBC Canada — to Royal Bank of Canada RY for a ...

HSBC Holdings Plc will consider a special payout after the sale of its Canadian unit as the bank attempts to face down a campaign from its top shareholder to pursue a wider break-up of the business.

Oct 19 (Reuters) - Pierre Poilievre, Canada's Conservative party leader, called for the federal government to reject Royal Bank of Canada's (RY.TO), opens new tab C$13.5 billion ($9.84 billion) offer ...

TORONTO, Oct 5 (Reuters) - (This Oct. 5 story has been corrected to change designation of John Clifford to COO from CEO in paragraph 16) As British lender HSBC Plc (HSBA.L), opens new tab explores a ...

VANCOUVER, British Columbia--(BUSINESS WIRE)--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 ...