Royal Bank of Canada signs deal to buy HSBC Canada for $13.5 billion

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Royal Bank of Canada signs deal to buy HSBC Canada for $13.5 billion
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Royal Bank of Canada has signed deal to acquire HSBC Bank Canada for $13.5 billion in cash.

RBC chief executive Dave McKay said the deal offers the opportunity to add a complementary business and client base.As the Canadian national soccer teams head to their respective FIFA World Cups, Derek Van Diest is on the scene to cover all the action. Expect expert insights and analysis in your inbox daily throughout the tournaments, and weekly on Thursdays for the rest of the season.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

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