RBC 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
  
• Review of RBC’s $13.5B takeover of HSBC Canada shows limits to system, critics say

  The proposed deal comes amid a widespread rethink in how corporate consolidation has been treated for decades, with potential new rules in the works both in Canada and the U.S.

  Canada

  Dec 26, 2022
  
• Advertisement
• 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