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Canadian transactions: RBC acquisition of HSBC Canada set to close March 28

Finix, Peoples Trust team up on payments offering

Whitney McDonaldbyWhitney McDonald
February 28, 2024
in Banking
Reading Time: 5 mins read
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Royal Bank of Canada’s deal to acquire HSBC Canada for $10 billion, announced in November, is expected to close on March 28.  The bank announced last quarter that conversion activities would likely begin April 1, according to an RBC release. Expenses were up 6% year over year, “adjusting for the acquisition and integration-related costs to […]

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