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TORONTO — Royal Financial institution of Canada has struck a deal to pay for $thirteen.5 billion in hard cash to swallow up HSBC Bank Canada, the seventh premier bank within the region by belongings and — For the reason that Massive Six banks are mostly untouchable — the largest takeover prize around.
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It is a branch of accounting that includes the process of recording, reporting and summarizing the myriad of transactions ensuing from business functions over a stretch of time. All these transactions are obtained by way of monetary statements.
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OTTAWA (Reuters) -Canada's overall economy performed significantly better than anticipated in the 3rd quarter, but an early indication that progress stalled within the fourth quarter could prompt the Lender of Canada up coming week to slow its campaign to hike curiosity charges. Canada's financial system grew at an annualized fee of 2.
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