RY - Mergers and acquisitions

A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, July 12, 2024 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that

TORONTO, March 28, 2024 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada"). "Today marks one of the most exciting times of our 155-year history and a pivotal milestone in our long-term growth story as we welcome 4,500 employees and 780,000 clients from HSBC Canada," said Dave McKay, president and CEO, RBC. "This once-in-a-generation opportunity will show Canadians how our combined organization will deliver an enhanced banking experience, create better value for clients and strengthen ou

Deal creates premier wealth manager in the UK, Channel Islands and Ireland TORONTO, Sept. 27, 2022  /CNW/ - Royal Bank of Canada ("RBC") today announced that it had completed the acquisition of Brewin Dolphin Holdings PLC ("Brewin Dolphin"), a multi-award-winning wealth management firm. Brewin Dolphin will now operate as 'RBC Brewin Dolphin', as part of RBC, and will continue to be led by CEO, Robin Beer. Brewin Dolphin has been acquired for final consideration of approximately C$2.4bn (£1.6bn)¹ on a fully diluted basis, which equates to 515 pence per share. RBC Wealth Managem