The bank of Canada ( RBC ) is to sell its Swiss private bank to banks & Co , along with CHF 10bn ( $ 1000 ) under new ownership , as part of RBC 's plan to streamline its private banking activities . The purchase price for the unit has not been disclosed .
Royal Bank of Canada (RBC) is to sell its Swiss private bank to Syz & Co, along with CHF 10bn ($10.5bn) under new management, as part of RBC's plan to streamline its private banking activities. The purchase price for the unit has not been disclosed.