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Company: HSBC Bank Canada

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Demand for strategic review hangs over upcoming AGM

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Capital increase appropriate amid rising risks, rating agency says

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HSBC signalled it was looking to sell its Canadian business back in October

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It is the seventh largest bank in Canada and operates more than 130 branches across the country

changes ahead sign

From a new role to a retirement, several industry veterans are making changes

  • By: Katie Keir
  • August 5, 2022 August 5, 2022
  • 12:59
Close of businesswoman making announcement in paper trumpet

Seymour is set to succeed Sandra Stuart in September

  • By: IE Staff
  • June 1, 2020 June 1, 2020
  • 14:31
Business chart with rising arrow and falling arrow

StatsCan estimates suggest the Canadian economy pulled back 9% in March

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The decrease reflects investment in the business, the company said

  • By: IE Staff
  • August 6, 2019 October 31, 2019
  • 16:56
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Retail banking and wealth management showed improved results

  • By: IE Staff
  • May 3, 2019 October 31, 2019
  • 14:33

A no-deal Brexit would likely add pressure to earnings, asset quality and funding positions, the agency says