HSBC
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HSBC expects RBC deal to close in early 2024 after Ottawa’s approvalHSBC 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.EconomyDec 22, 2023
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RBC’s takeover of HSBC Canada may raise banking fees for Canadians, MPs sayThe House of Commons finance committee's report urges the government to reject the $13.5-billion acquisition despite the Competition Bureau's approval.MoneyNov 2, 2023
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Poilievre urges feds to block RBC’s $13.5B takeover of HSBC over competition concernsPierre 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.PoliticsOct 20, 2023
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RBC’s deal to buy HSBC Canada can go ahead, Competition Bureau saysAfter an extensive review, The Competition Bureau said the deal likely won't significantly lessen competition in the banking sector.CanadaSep 1, 2023
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RBC signs deal to purchase HSBC Canada for $13.5BGlobal 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.CanadaNov 29, 2022
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HSBC exploring sale of its ‘very strong’ Canadian businessHSBC says the review is in the early stages and no decisions have been made.CanadaOct 4, 2022
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Attorney general urges B.C. Supreme Court to not hear new Meng Wanzhou evidenceCrown lawyer Robert Frater says the evidence is not appropriate for the extradition hearing.CanadaJun 30, 2021
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A mortgage rate of less than 1% now available in CanadaHSBC is advertising a five-year variable rate of just 0.99 per cent.MoneyDec 4, 2020
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Witnesses to prove Huawei’s Meng Wanzhou lied, supporting her extradition: docsThe documents released Friday are the government's arguments to be used during a hearing next April.CrimeJul 31, 2020
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HSBC denies reports from Chinese media that it ‘framed’ HuaweiHSBC 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.CanadaJul 25, 2020
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