RBC announced the discontinuation of newly acquired Ally Bank’s High Interest Online Savings accounts today. It’s the removal of one of the highest interest-earning accounts on the market. What options do consumers have when their bank business changes hands through mergers and acquisitions?
What’s the lifeblood of Canada’s workforce? A great idea, solid business plan and plenty of courage, for starters. Small business owners drive Canada’s economy – and they’re faced with financial challenges every step of the way.
Royal Bank of Canada announced today that it is further expanding into the auto financing sector through the acquisition of Ally Bank’s car financing business division.