RBC can buy HSBC Canada in exchange for affordable housing
After a year of considering the matter, Ottawa finally approved the Royal Bank of Canada’s (RBC) takeover of HSBC Canada on Thursday evening after securing job creation commitments and a $7 billion donation for affordable housing. • Also read: RBC is acquiring HSBC Canada for $13.5 billion In addition to integrating HSBC Canada’s operations into … [Read more…]