HSBC

• HSBC expects RBC deal to close in early 2024 after Ottawa’s approval

  HSBC says it expects the sale of its Canadian operations to RBC to officially close in early 2024 following the approval of Finance Minister Chrystia Freeland.

  Economy

  Dec 22, 2023
  
• RBC’s takeover of HSBC Canada may raise banking fees for Canadians, MPs say

  The House of Commons finance committee's report urges the government to reject the $13.5-billion acquisition despite the Competition Bureau's approval.

  Money

  Nov 2, 2023
  
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• Poilievre urges feds to block RBC’s $13.5B takeover of HSBC over competition concerns

  Pierre Poilievre said the loss of British-owned HSBC's Canadian division will exacerbate issues in Canada's banking sector, which he said is already overly concentrated.

  Politics

  Oct 20, 2023
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• RBC’s deal to buy HSBC Canada can go ahead, Competition Bureau says

  After an extensive review, The Competition Bureau said the deal likely won't significantly lessen competition in the banking sector.

  Canada

  Sep 1, 2023
• RBC signs deal to purchase HSBC Canada for $13.5B

  Global banking giant HSBC Holdings Plc said earlier this year that it was reviewing strategic options for its Canadian subsidiary including the possible sale of the operations.

  Canada

  Nov 29, 2022
• HSBC exploring sale of its ‘very strong’ Canadian business  

  HSBC says the review is in the early stages and no decisions have been made.

  Canada

  Oct 4, 2022
• Attorney general urges B.C. Supreme Court to not hear new Meng Wanzhou evidence

  Crown lawyer Robert Frater says the evidence is not appropriate for the extradition hearing.

  Canada

  Jun 30, 2021
• A mortgage rate of less than 1% now available in Canada

  HSBC is advertising a five-year variable rate of just 0.99 per cent.

  Money

  Dec 4, 2020
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• Witnesses to prove Huawei’s Meng Wanzhou lied, supporting her extradition: docs

  The documents released Friday are the government's arguments to be used during a hearing next April.

  Crime

  Jul 31, 2020
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• HSBC denies reports from Chinese media that it ‘framed’ Huawei

  HSBC on Saturday denied Chinese media reports that it had "framed" Huawei Technologies and played a role in the arrest of the chief financial officer (CFO) of the world's biggest telecoms equipment maker.

  Canada

  Jul 25, 2020