RBC CEO says bank can still reap savings from HSBC Canada deal despite promising Ottawa it will retain jobs

RBC CEO says bank can still reap savings from HSBC Canada deal despite promising Ottawa it will retain jobs

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Royal Bank of Canada RY-T had to agree to several conditions to secure Ottawa’s approval for its takeover of HSBC Bank Canada, but its chief executive says he expects that the agreements will not have a financial impact on the benefits of the deal, as the lender scoops up a prized jewel in the…

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