Bloomberg Royal Bank of Canada agreed to buy HSBC Holdings Plc’s Canadian unit — the country’s seventh-largest bank — for C$13.5 billion ($10 billion) in cash, expanding its roster of business clients and bulking up its retail presence on the West Coast. The deal is expected to be completed by late 2023, subject to regulatory approvals, Toronto-based Royal Bank ...

  Bloomberg India’s central bank will launch the retail version of its digital currency on a test basis starting Thursday, a month after allowing some banks to use it for settling secondary-market transactions in government securities. Four banks will initially run the digital currency pilot, with another four joining at a later stage, the Reserve Bank of India (RBI) said in ...

Bloomberg Nomura Holdings Inc sees a potential revenue boost of $1 billion or more from a deeper push into areas including equities, private markets and managing money for the rich, according to the firm’s chief executive officer. “Our wholesale business platform allows us to seize on profit opportunities with certainty whenever the market moves,” Kentaro Okuda said at an investment ...