Royal Bank Of Canada (RY) News
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RY News Highlights
- For RY, its 30 day story count is now at 21.
- Over the past 21 days, the trend for RY's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- The most mentioned tickers in articles about RY are RBC, HSBC and PENN.
Latest RY News From Around the Web
Below are the latest news stories about ROYAL BANK OF CANADA that investors may wish to consider to help them evaluate RY as an investment opportunity.
HSBC's Deal to Divest Canadian Business Gets Conditional NodHSBC's proposed divestiture of the Canadian business to Royal Bank of Canada (RY) receives final approval. |
There Is More Value In The Financial Sector Than Any Other SectorThanks to the great recession of 2008 and 2009, there is more value to be found in the financial sector than any other of the 11 sectors. |
Royal Bank of Canada (TSE:RY) Has Announced That It Will Be Increasing Its Dividend To CA$1.38Royal Bank of Canada ( TSE:RY ) has announced that it will be increasing its dividend from last year's comparable... |
Trending tickers: Nike | Tencent | Mullen | HSBCThe latest investor updates on stocks that are trending on Friday. |
Canada approves RBC’s $10B deal for HSBC unitThe largest domestic deal in Canadian history comes with strings. Notably, RBC must establish a global banking hub in Vancouver and boost staffing by 10% at its client operations center in Winnipeg. |
RBC’s $10 Billion Deal for HSBC Canada to Win Approval(Bloomberg) -- The Canadian government approved Royal Bank of Canada’s landmark deal to acquire HSBC Holdings Plc’s Canadian operations, handing a major regulatory win to one of North America’s largest financial institutions. Most Read from BloombergHyperloop One to Shut Down After Failing to Reinvent TransitTencent Leads $80 Billion Rout as China Rekindles Crackdown FearHarvard Financial Pain Grows as Blavatnik Joins Donor RevoltVilified Zero-Day Options Blamed by Traders for S&P DeclineGiulian |
Canada Approves Royal Bank Deal for HSBC’s Canada UnitOTTAWA—Canada on Thursday approved Royal Bank of Canada proposed $10.1 billion deal for HSBC Holdings Canadian unit, over a year after the two lenders unveiled the transaction. Canadian Finance Minister Chrystia Freeland said RBC agreed to a series of conditions that cover employment levels in Canada, customer service and financing to help construct affordable housing. |
RBC receives approval to proceed with acquisition of HSBC CanadaRoyal 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"). |
Royal Bank of Canada gets nod for $10 billion purchase of HSBC unitCanada on Thursday approved Royal Bank of Canada's C$13.5 billion dollars ($10.2 billion) acquisition of HSBC's domestic unit, in a deal that would further tighten the country's top lenders' grip on the market. The deal is conditional on RBC establishing a global banking hub in Vancouver, waiving fees associated with the transfer of mortgages from HSBC to RBC and protecting HSBC's Canadian workforce. RBC will also have to increase its client operations center workforce in Winnipeg by 10%, provide $7 billion in financing for affordable housing construction across Canada and continue banking services at a minimum of 33 HSBC branches. |
UPDATE 5-Royal Bank of Canada gets nod for $10 bln purchase of HSBC unitCanada on Thursday approved Royal Bank of Canada's C$13.5 billion dollars ($10.2 billion) acquisition of HSBC's domestic unit, in a deal that would further tighten the country's top lenders' grip on the market. The deal is conditional on RBC establishing a global banking hub in Vancouver, waiving fees associated with the transfer of mortgages from HSBC to RBC and protecting HSBC's Canadian workforce. RBC will also have to increase its client operations center workforce in Winnipeg by 10%, provide $7 billion in financing for affordable housing construction across Canada and continue banking services at a minimum of 33 HSBC branches. |