On 29 November 2022, HSBC entered into an agreement to sell its Canadian business to the Royal Bank of Canada (‘RBC’) in a cash deal for USD $10 billion or CAD $13.5 billion. The news should come as little surprise
The original FAANG acronym represented the tech powerhouses (i.e. Facebook, Amazon, Apple, Netflix, and Google) that enjoyed tremendous growth over the last decade as the economy became increasingly digitalised and thrived during the pandemic. But on
An issue which has caught my attention in the alternative asset space stems from the recent episode of US video game retailer GameStop. In brief, Citron Research, a high-profile short-selling activist investor submitted