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Finance-mergers

Freeland approves RBC’s $13.5B takeover of HSBC Canada with conditions

by Anas Siddiqui
Freeland approves RBC’s .5B takeover of HSBC Canada with conditions

Finance Minister Chrystia Freeland has approved RBC’s $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition. Freeland’s approval …

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Finance committee MPs ask federal government to reject RBC-HSBC deal

by Anas Siddiqui
Freeland approves RBC’s .5B takeover of HSBC Canada with conditions

The House of Commons finance committee has asked Ottawa to reject the Royal Bank of Canada’s $13.5-billion acquisition of HSBC’s domestic unit, citing the lack of competition in the country’s financial …

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