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On June 1, 2004, HSBC Bank Canada completed its acquisition of Intesa Bank's Canadian unit, which had 11 branches and total assets of Can$1.1 billion. On September 20, 2011, HSBC Canada sold its full-service brokerage division, HSBC Securities (Canada) Inc., to National Bank Financial Group for Can$208 million. [6]
Banking in Canada is one of Canada's most important industries with several banks being among its largest and most profitable companies. It is dominated by a small number of large banks, with the six largest combining for 93% of the banking assets. [ 1 ]
Murex is involved in the Teen Turn program, an initiative that is seeking to create a talent pipeline for women in science, technology, engineering, and mathematics ().In 2017 Murex sponsored Teen Turn’s pilot project, hosting a two-week work placement at their offices in Dublin where female employees acted as mentors for local students. [34]
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HSBC has said it will cut senior banker roles over the coming months in a bid to reduce costs after revealing a nearly 10% jump in profits. Chief executive Georges Elhedery said the banking giant ...
HSBC InvestDirect is the retail electronic trading platform by HSBC Securities, for DIY Investors. HSBC InvestDirect is intended for those who understand the loss of capital investment risks involved in trading in the capital markets , since no portfolio management advice is provided as part of the service.
HSBC is exploring selling its Canada business as it resists calls from its biggest shareholder to split the bank in two.
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