Tag: RBC

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…

Read more