Gibson steps into the CFO role as RBC embarks on the integration of its $10.1 billion acquisition of HSBC’s Canadian business ...
opens new tab said it completed the C$13.5 billion ($9.96 billion) sale of its Canadian unit, HSBC Bank Canada, to Royal Bank of Canada (RY.TO) , opens new tab (RBC) on Thursday. The transaction ...
But for this transaction, HSBC Canada’s technology systems were owned and operated by its British parent company, which wanted to keep its proprietary technology. And so RBC agreed to move ...
TORONTO, March 28, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada"). "Today marks one of the most ...
as the bank shifted some 780,000 HSBC customers and 4,500 employees over to its systems and transformed about 100 branches to RBC blue. Chief executive Dave McKay credits the "near-flawless ...
After about a decade of steady growth at its US investment bank, Royal Bank of Canada is launching a cash-management business ...
RBC RY-T is reopening HSBC Canada branches under its own brand on Monday after closing its takeover of the bank last week. Ahead of the deal closing, RBC said it would also be shuttering 25 of ...
is navigating the early innings of its integration with HSBC’s Canadian business without a permanent finance chief. On Friday, Toronto-based RBC fired its chief financial officer, Nadine Ahn ...
HSBC Bank Canada, to Royal Bank of Canada RY.TO (RBC) on Thursday. RBC previously said the acquisition, which merges Canada's biggest and seventh-biggest lenders, will boost its domestic business ...
The $13.5-billion acquisition of what was Canada’s seventh-largest bank means RBC has taken on about 4,500 employees and 780,000 clients. Chief executive Dave McKay says the takeover of HSBC Canada ...