Canada Deposit Insurance Corporation: CDIC member HSBC Bank Canada is now part of Royal Bank of Canada

Canada Deposit Insurance Corporation

Canada Deposit Insurance Corporation

CDIC member HSBC Bank Canada is now part of Royal Bank of Canada

Friday 29 March 2024 04:00 AM UTC+00 | Tags: news-releases

OTTAWA – March 29, 2024 – The Canada Deposit Insurance Corporation (CDIC) is advising depositors that, effective March 29, 2024, the following CDIC member institutions have amalgamated: HSBC Bank Canada (HBCA), HSBC Trust Company Canada (HTCC), HSBC Mortgage Corporation Canada (HMCC) and Royal Bank of Canada (RBC). Upon the amalgamation of these entities, deposits held within HBCA, […]

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