Factbox: RBC’s $10 bln bid for HSBC unit to set record for Canada bank deals

November 30, 2022 Bryan Industry Comments Off

TORONTO, Nov 29 (Reuters) – HSBC’s (HSBA.L) planned sale of its Canadian business to Royal Bank of Canada (RY.TO) (RBC) for C$13.5 billion ($10 billion) would make it Canada’s largest banking deal, according to data from Dealogic.Below is a list of the top 10 deals announced prior to HSBC:*Aug 29, 2012 – Bank of Nova Scotia (BNS.TO) agreed to buy ING Groep’s (INGA.AS) Canadian online bank for C$3.1 billion.*Dec 22, 2000 – Ontario Teachers’ Pension Plan and Cadillac Fairview Corp buy out Toronto-Dominion Bank’s (TD.TO) real estate portfolio for $844 million.*Jun 29, 2016 – Laurentian Bank of Canada (LB.TO) purchases …
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U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

September 28, 2023 Comments Off on U.S. SEC nearing settlement with Wall Street firms over WhatsApp probe -sources

The headquarters of the U.S. Securities and Exchange Commission (SEC) are seen in Washington, July 6, 2009. REUTERS/Jim Bourg/File photo Acquire Licensing RightsShow more companiesNEW YORK, Sept 27 (Reuters) – The U.S. Securities and Exchange [...]
Antarctic winter sea ice hits ‘extreme’ record low

September 28, 2023 Comments Off on Antarctic winter sea ice hits ‘extreme’ record low

Sept 25 (Reuters) – Sea ice that packs the ocean around Antarctica hit record low levels this winter, the U.S. National Snow and Ice Data Center (NSIDC) said on Monday, adding to scientists’ fears that [...]
Brazil’s central bank seeks tighter cryptocurrency regulation, brokerage oversight

September 28, 2023 Comments Off on Brazil’s central bank seeks tighter cryptocurrency regulation, brokerage oversight

A view shows the headquarters of Brazil’s central bank in Brasilia, Brazil August 25, 2021. REUTERS/Amanda Perobelli/File Photo Acquire Licensing RightsBRASILIA, Sept 27 (Reuters) – Brazil’s central bank governor Roberto Campos Neto on Wednesday said [...]
Teamsters union asks NHTSA to deny GM’s bid to exempt Cruise from safety standards

September 28, 2023 Comments Off on Teamsters union asks NHTSA to deny GM’s bid to exempt Cruise from safety standards

[1/2]A self-driving GM Bolt EV is seen during a media event where Cruise, GM’s autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage/File Photo Acquire Licensing [...]
San Francisco Mayor Calls for Drug Testing for Welfare Recipients

September 28, 2023 Comments Off on San Francisco Mayor Calls for Drug Testing for Welfare Recipients

San Francisco Mayor London Breed proposed a plan which would require welfare recipients to undergo drug testing and engage in treatment programs. The announcement comes as the city deals with an average of three overdose [...]

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