Tag: acquistion

Royal Bank of Canada RBC
November 29, 2022 BY Steffy Bogdanova

HSBC sells its Canadian business to RBC for $10.1 billion

Based on the financial data as of 30 September 2022, the deal will provide HSBC Group with a pre-tax gain of $5.7 billion. HSBC Canada’s assets are valued at $94.6 billion. The company has 130 branches and 4,2200 employees. Noel Quinn, the CEO of HSBC Group, commented: I am pleased that we have reached an…

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Acquisition
October 25, 2022 BY Steffy Bogdanova

Invast Global announces plans to acquire GMO-Z.com Trade UK

The announcement comes after Invast Global established its first European office in Cyprus as part of its strategy to build a global network of distribution channels. The acquisition of GMO-Z.com will provide Invast Global with access to a deep pool of talent, particularly in the areas of quantitative trading and market making, as well as…

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