Royal Bank of Canada T.RY.PR.M

Primary Symbol: T.RY Alternate Symbol(s): RY | T.RY.PR.J | RBCPF | RBMCF | T.RY.PR.N | T.RY.PR.O | T.RY.PR.S | RYLBF

Financial Services

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.

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Post by Betteryear2on Dec 21, 2023 9:04pm

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Post# 35796945

approval to proceed with acquisition of HSBC Canada

Finance Minister approves RBC's acquisition of HSBC Canada; Historic transaction keeps more of Canada's banking sector in Canadian hands
Acquisition to position RBC as the bank of choice for globally-connected clients

TORONTO, Dec. 21, 2023 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today welcomed the federal Minister of Finance's approval to proceed with the acquisition of HSBC Bank Canada ("HSBC Canada").

RBC receives approval to proceed with acquisition of HSBC Canada (newswire.ca)