RBC expects $13.5-billion HSBC takeover deal to close in March

RBC expects $13.5-billion HSBC takeover deal to close in March

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Royal Bank of Canada RY-T said late Monday that it expects to close its $13.5-billion takeover of HSBC Holdings PLC’s Canadian subsidiary in March, clinching the biggest domestic banking deal on record. Canada’s largest lender said in a statement that it plans to close its proposed acquisition of…

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