👉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

👉Banking giant HSBC is considering selling out of Canada—part of a broader retreat in North America as the bank shifts its focus to Asia. The London-based bank is at an early stage of reviewing options for HSBC Bank Canada, including a potential sale, HSBC said Tuesday. HSBC owns 100% of the unit, which includes retail, commercial and investment banking, and which says it is Canada’s seventh-largest bank.✅ . . #HSBC #HSBCcanada #HSBCincanada #BSBCbank #eHSBCbankcanada #bankingnews #canadianbanking #Canadanews #banksofcanada#dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews