09:46 AM EST - Royal Bank of Canada : announced it has completed the acquisition of the Canadian automotive finance and deposit business of Ally Financial Inc. for a $1.4-billion investment net of excess capital. Including the excess capital and after certain closing adjustments, the total consideration paid was $3.7 billion. The acquisition positions RBC as a leader in the Canadian automotive financing business. Royal Bank of Canada
shares T.RY are trading up $0.43 at $62.55.
