👉Royal Bank of Canada is about to take over the Canadian arm of multinational bank HSBC for $13.5 billion in cash. RBC chief executive Dave McKay has stated the deal offers the opportunity to add a complementary business and client base.✅ . . #RoyalBankofCanada #RBC #RBcanada #Canadaroyalbank #canadabank #HSBCcanada #HSBCnews #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Bank of Canada raised interest rates aggressively for a sixth straight time, while opening the door to pausing its hiking cycle. Policymakers led by Governor Tiff Macklem raised the benchmark overnight lending rate by 50 basis points to 4.25% on Wednesday, the highest since the beginning of 2008.✅ . . #bankofcanada #canadabank #bankofcanadainterestrate #interesttrateofcanadabank #interestrate #livingexpensecanada #bankinterestincanada #mnm #malayalisnearmeapp #canadaupdate #canadanews