RBC Acquires Fortis Wealth Management Hong Kong

November 12, 2010

Royal Bank of Canada announced on November 7, 2010 the acquisition of the wealth management business of Fortis Wealth Management Hong Kong.


On November 7, 2010, Royal Bank of Canada (NYSE:RY) announced the closing of its acquisition of the wealth management business of Fortis Wealth Management Hong Kong Limited, a wholly-owned subsidiary of Fortis Bank S.A./N.V., consisting of approximately 50 professionals located in Hong Kong.

To read the press release, please click here.


Categories

Investment Manager M&A, Transactions