The messages come after McKay carried out RBC's landmark $10 billion purchase of HSBC's Canadian operations, shook up senior leadership and divided the company's personal and commercial banking ...

This was in response to the integration of HSBC Canada’s operations. An RBC spokesperson stated that these changes necessitated some difficult decisions, resulting in the departure of some ...

RBC separated its personal and commercial banking business last summer into two standalone segments and reorganized its senior leadership after the HSBC Canada acquisition. “With these changes ...

(HSBC Canada used to be the country’s seventh-largest bank.) RBC is also optimistic about growth in transaction banking, particularly in the U.S., and recently launched its RBC Clear platform ...

RBC Capital analyst Benjamin Toms maintained a Hold rating on HSBC Holdings (HSBA – Research Report) today and set a price target of £9.25. The company’s shares closed today at p876.10.

Excluding HSBC Canada results, net income increases by 1%. Commercial Banking posts strong volume growth (9% in deposits and 13% in loans and acceptances) across most products. RBC says this is ...

Canada's RBC beats profit on HSBC buy, wealth strength; shares hit record Royal Bank of Canada , the country's biggest bank, beat quarterly profit expectations, helped by its acquisition of HSBC's ...

RBC Investor and Treasury Services (RBC I&TS) has been named the top global fund accounting and administration provider in R&M Surveys’ (R&M’s) 2022 Fund Accounting and Administration Survey. In ...

McKay has also sought to make RBC "simpler, faster and more innovative" by adding scale, reducing complexity and investing in talent, according to memos to employees seen by Reuters. The HSBC ...

The restructuring began last summer when RBC divided its personal and commercial banking business into two separate segments and reshuffled its senior leadership team. This was in response to the ...