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 ...

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 ...

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 ...

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

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 shares ...

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.

RBC has entered into an agreement to acquire HSBC Canada, expanding its business banking solutions arm and offering further services to its international business clients. RBC will benefit from HSBC ...

VANCOUVER, British Columbia--(BUSINESS WIRE)--Linda Seymour, President and Chief Executive Officer of HSBC Bank Canada 1, said: “Performance remained robust in the second quarter of 2023 continuing ...