trending Market Intelligence /marketintelligence/en/news-insights/trending/MLZgxM0-mJI4B3TwwK9MGw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

RBC to sell Eastern Caribbean bank operations in consortium deal

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


RBC to sell Eastern Caribbean bank operations in consortium deal

Royal Bank of Canada said Dec. 12 that it has agreed to sell all banking operations it owns in the Eastern Caribbean to a consortium of five local banks.

The consortium consists of 1st National Bank St. Lucia Ltd., Antigua Commercial Bank Ltd., National Bank of Dominica Ltd., Bank of Montserrat Ltd and Bank of Nevis Ltd.

The deal, the financial terms of which were not disclosed, includes the Canadian bank's branches in Antigua, Dominica, Montserrat, St. Lucia, and St. Kitts and Nevis; it also includes the regional businesses operating under RBC Royal Bank (EC) Holdings Ltd. in Nevis, Grenada and St. Vincent and the Grenadines.

RBC said it expects to close the transaction, which is subject to regulatory approval and other customary closing conditions, in the coming months.

The deal marks the latest Caribbean pullback by a major Canadian bank as stronger aversion to regulatory, economic and climate risks take hold; both Bank of Nova Scotia and Canadian Imperial Bank of Commerce recently divested much of their own operations in the region.