VANCOUVER - HSBC Bank Canada says its bottom line improved in the third quarter due to lower loan-impairment charges and higher income from fees. The bank had a $ 201-million profit in the third quarter of 2011, up $ 55 million or 37.7 per cent compared with $ 146 million for the third quarter of 2010. … [Read more...]
HSBC to sell part of Canadian business
September 6, 2011 by
VANCOUVER - HSBC Holdings confirmed Tuesday that it's in talks to sell part of its Canadian operations.The giant global bank said it's looking to sell HSBC Bank Canada's full service investment advisory division of its retail brokerage business.However, HSBC noted that no decision on a possible sale has been made.Reports had circulated in recent … [Read more...]
HSBC Bank Canada Q2 profit up 7.3 per cent
July 29, 2011 by
VANCOUVER - Canada's largest foreign-owned bank, HSBC Bank Canada, reported Friday its second-quarter profit attributable to common shareholders rose 7.3 per cent to $ 191 million on lower loan ... Vancouver News latest RSS headlines - Big News Network.com … [Read more...]
