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Description: Royal Bank of Canada agreed to buy HSBC Holdings Plc’s Canadian unit — the country’s seventh-largest bank — for $13.5 billion in cash, expanding its roster of business clients and bulking up its retail presence on the West Coast as HSBC focuses on Asia.

Source: – video report

Date: Nov 29, 2022


Questions for discussion:

  • Summarize the analysis presented concerning the value of the deal to RBC.
  • What does this mean for the industry?
  • Is it a good deal for all parties, including consumers?

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