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RY Royal Bank of Canada

134.14
0.67 (0.50%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Royal Bank of Canada TSX:RY Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.67 0.50% 134.14 134.06 134.32 134.46 133.42 133.71 6,968,033 21:43:42

Trending: Royal Bank of Canada to Buy HSBC Bank Canada for C$13.5 Billion

29/11/2022 7:31pm

Dow Jones News


Royal Bank of Canada (TSX:RY)
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From Apr 2022 to Apr 2024

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14:01 ET -- Royal Bank of Canada is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The bank said it will acquire the Canadian unit of the British banking and financial services giant HSBC Holdings PLC for 13.5 billion Canadian dollars ($10 billion). HSBC Bank Canada has about C$134 billion in assets as of Sept. 30 with 130 branches and 4,200 full-time equivalent employees. Royal Bank says the acquisition builds on its core domestic retail business and expands international product capabilities. The deal is expected to be about 6% EPS accretive relative to 2024 consensus estimates for Royal Bank. Dow Jones & Co. owns Factiva. (jennifer.tershak@wsj.com)

 

(END) Dow Jones Newswires

November 29, 2022 14:16 ET (19:16 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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