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HSBC Bank Canada (French: ... Twenty-five of these branches, most in close proximity to existing RBC branches, closed permanently with the sale; the others reopened ...
TORONTO (Reuters) -Canadian regulators will review the sale of HSBC's business in Canada to Royal Bank of Canada for C$13.5 billion ($10 billion) in cash, the Canadian government's finance ...
HSBC's planned sale of its Canada banking business to Royal Bank of Canada (RY) for CA$13.5 billion will enhance the former's CET1 ratio by 130 bps. HSBC Rises 4.1% on Canada Unit Sale to Royal ...
HSBC is exploring selling its Canada business as it resists calls from its biggest shareholder to split the bank in two.
In January 2021, HSBC announced that it would be closing 82 branches in Britain. [101] In May 2021, ... 9.4 times HSBC Canada's estimated 2024 earnings.
Aeropostale Canada – subsidiary of the United States-based retailer Aeropostale, closed all 41 stores in Canada in 2016; A&A Records – founded in Toronto at the end of WWII, it was the dominant record chain store in Canada until being superseded by Sam the Record Man in the 1960s; it became defunct in 1993
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Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.