Ministry of Finance – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 15 Jul 2024 20:34:28 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 $13.5BN HSBC Canada Bank acquisition a win for pension plans, says RBC CEO https://www.benefitscanada.com/canadian-investment-review/cir-news/13-5bn-hsbc-canada-bank-acquisition-a-win-for-pension-plans-says-rbc-ceo/ Thu, 01 Dec 2022 17:00:24 +0000 https://www.benefitscanada.com/?p=130541 A deal for the Royal Bank of Canada to absorb HSBC Bank Canada for $13.5 billion is good news for pension plans, said Dave McKay, chief executive officer of RBC. “This is good for shareholders ⁠— which are largely pension funds ⁠— and that’s average Canadian pension funds,” said McKay during a conference call. The […]

The post $13.5BN HSBC Canada Bank acquisition a win for pension plans, says RBC CEO appeared first on Benefits Canada.com.

]]>