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In November 2022, HSBC announced the exit of the Canadian market. Royal Bank of Canada (RBC) will acquire 100% of the common shares of HSBC Canada for an all-cash purchase price of $13.5 billion, which is a multiple of 9.4 times HSBC Canada's estimated 2024 earnings.
Find local HSBC Bank branch and ATM locations in Toronto, Ontario with addresses, opening hours, phone numbers, directions, and more using our interactive map and up-to-date information.
Feb 9, 2024 · HSBC Bank Canada (HSBC), which stands for the Canadian division of Hongkong and Shanghai Banking Corporation, was bought by the Royal Bank of Canada (RBC) in a deal that was approved by Deputy...
You can now access your line of credit funds at an RBC branch. Access to the funds through ATMs, in stores at point-of-sale terminals, RBC Online Banking and RBC Mobile app will be available on April 3. Former HSBC Bank Canada branches that were converted to RBC Royal Bank branches have reopened.
Nov 29, 2022 · TORONTO — Royal Bank of Canada has struck a deal to pay $13.5 billion in cash to swallow up HSBC Bank Canada, the seventh largest bank in the country by assets and — since the Big Six banks are...
Apr 24, 2024 · Read about the migration of formre HSBC Bank Canada personal banking products and services to Royal Bank of Canada (RBC).
Map for local HSBC Bank branch and ATM locations in Toronto, Ontario with addresses, opening hours, phone numbers, directions, and more using our interactive map and up-to-date information.
Nov 29, 2022 · TORONTO — Royal Bank of Canada has struck a deal to pay $13.5 billion in cash to swallow up HSBC Bank Canada, the seventh largest bank in the country by assets and — since the Big Six banks are...
Mar 13, 2024 · On April 1, 2024, migration of HSBC products and services to RBC is expected to be complete. HSBC branch offices will serve customers as RBC locations. HSBC Canada customers will gain...
Mar 29, 2024 · With the closing of the acquisition, conversion activities will now begin. HSBC Canada's branches and offices will open for business on Monday, April 1, 2024 as RBC locations. For more...
