Banking customers will see how RBC’s $13.5-billion takeover of HSBC Canada will shake out in the new year, a deal that was approved despite concerns from critics that it will stifle competition in an already concentrated sector. Anne Gaviola takes a look at some of the other changes expected in Canadian banking in 2024.
- Bank CEOs expect to put more money aside for bad loans amid higher rates
- Canadians could see changes in banking next year. What to expect