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Stock impact report

Royal Bank of Canada Touts HSBC Canada Integration Gains, Deposit Rotation and NIM Headwinds at Conference [Yahoo! Finance]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Yahoo! Finance
Royal Bank Of Canada (NYSE:RY) highlighted progress integrating HSBC Canada's personal banking operations, trends in deposits and margins, and a shifting competitive and technology landscape during a discussion with Erica Nielsen, group head of RBC's Personal Banking division. HSBC Canada personal banking: customer quality, cost profile, and revenue synergies Nielsen said RBC has been “really pleased” with the personal banking elements of the HSBC Canada acquisition, emphasizing both cost and revenue expectations. She said RBC “has met and is on pace to exceed the cost expectations” for the transaction and remains on track for CAD 300 million in revenue synergies previously committed. Nielsen added that “a lot of those revenue synergies are associated with the Personal Bank.” ? ASML's $8B Deal: More Than a Purchase, It's a Prophecy Rayonier-PotlatchDeltic Merger Signals Industry Upside On the client franchise acquired, Nielsen described HSBC Canada's personal banking custom Show less Read more
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