Royal Bank of Canada RY, -2.24% RY, -1.19% said Tuesday it has reached an agreement to acquire HSBC Canada HSBC, -1.48% HSBA, +3.91% for C$13.5 billion ($10.1 billion) in cash. Read more
Tag: HSBC
HSBC Holdings stock slumps after surprise CFO change
HSBC Holdings shares dropped as much as 8% in London trade on Tuesday as the bank announced a surprise shake-up in management amid its third-quarter earnings report. HSBC shares HSBA, Read more
HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans
HSBC Holdings PLC’s third-quarter net profit slid 46% from a year earlier as the bank booked impairment charges for the disposal of its retail-banking operations in France and a rise Read more
HSBC Holdings profit tumbles 46%, amid impairment charges, more provisions for bad loans
HSBC Holdings PLC’s third-quarter net profit slid 46% from a year earlier as the bank booked impairment charges for the disposal of its retail-banking operations in France and a rise Read more
HSBC profits beat expectations in second quarter
HSBC Holdings PLC HSBC, +0.03% reported second-quarter results on Monday. This is what we watched: NET PROFIT: The Asia-focused bank posted $5.49 billion in net profit for the three months Read more