Press Release
RBC announces targeted close date for proposed acquisition of HSBC Bank Canada TORONTO, January 15, 2024 - Royal Bank of Canada ("RY" on TSX and NYSE) ("RBC") today announced that the targeted close date for the proposed acquisition of HSBC Bank Canada will be Thursday, March 28, 2024, subject to the satisfaction of customary closing conditions. Conversion activities will begin once the transaction closes and will continue until April 1, 2024. HSBC Bank Canada's branches and offices will open for business on Monday, April 1, 2024 as RBC locations. We look forward to welcoming HSBC