Finance Department plans public consultations on RBC deal to acquire HSBC Canada

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 92%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Federal department says it is seeking feedback on whether the deal is in the best interest of Cnaada’s financial sector

A bank merger of this size in Canada has not surfaced in more than two decades since the federal government squashed two major combinations in the sector.

In response to questions during a call with reporters when the deal was announced, RBC chief executive officer Dave McKay said he would not be willing to divest some of HSBC Canada’s assets to win approval.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In wake of merger with LIV Golf, a trip inside (and outside) the heated PGA Tour players meeting at RBC Canadian OpenThe blockbuster news of the day, an unlikely marriage between the PGA Tour, LIV Golf, and the DP World, blindsided everyone from the game’s biggest stars to the tour’s rank-and-file, writes jonmccarthySUN
Source: TheTorontoSun - 🏆 23. / 68 Read more »

In wake of merger with LIV Golf, a trip inside (and outside) the heated PGA Tour players meeting at RBC Canadian OpenA trip inside (and outside) the heated PGA Tour players meeting at RBC Canadian Open
Source: ottawasuncom - 🏆 4. / 92 Read more »

In wake of merger with LIV Golf, a trip inside (and outside) the heated PGA Tour players meeting at RBC Canadian OpenA trip inside (and outside) the heated PGA Tour players meeting at RBC Canadian Open
Source: calgarysun - 🏆 63. / 52 Read more »