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In page Lloyds Bank Canada:
"In 1989, after several years of losses, agreement was reached for the sale of Lloyds Bank's interest in the whole of the issued share capital of the Canadian operation to the Hongkong Bank of Canada, a subsidiary of London-based HSBC Holdings, for a consideration of Can$190 million.[2] In 1999, HBC changed its name to HSBC Bank Canada, consistent with its parent's strategy of creating a global brand.
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