British banking giant HSBC announced in a statement on Tuesday the sale of its operations in Canada for 13.5 billion Canadian dollars, or 10.1 billion US dollars, to Royal Bank of Canada (RBC).
Prime Macron 2022: conditions, amount, date of payment... how does it work?
Read alsoHSBC: profits plunge 46% in the 3rd quarter
We decided to sell following a thorough review, which assessed the business' relative position in the Canadian market and its strategic fit with HSBC's portfolio
," said HSBC Chief Executive Noel Quinn. , quoted in the press release, adding that the sale "
has significant added value