RBC CEO says bank can still reap savings from HSBC Canada deal despite promising Ottawa it will retain jobs

News Snapshot:

Open this photo in gallery: Left: The HSBC Bank branch in Toronto on Nov. 29, 2022, and right, a man walks by an RBC sign near Bay and King in Toronto on March 20, 2019.Duane Cole/Mark Blinch/The Globe and Mail Royal Bank of Canada RY-T had to agree to several conditions to secure Ottawa’s approval for its takeover of HSBC Bank Canada, but its chief executive says he expects that the agreements will not have a financial impact on the benefits of the deal, as the lender scoops up a prized jewel in the country’s banking sector. Finance Minister Chrystia...