Royal Bank To Acquire HSBC Canada For $13.5 Billion In All-Cash Deal

The banking sector in Canada is set to get a bit more narrow for Canadians. Royal Bank of Canada (TSX: RY) this morning revealed it will be acquiring HSBC Bank Canada in an all-cash transaction. HSBC Canada reportedly has $134 billion in assets as of the quarter ended September 30, 2022, with 4,200 employees servicing … Continue reading Royal Bank To Acquire HSBC Canada For $13.5 Billion In All-Cash Deal