National Bank of Canada (NA.TO) is nearing a deal to purchase the Canadian retail brokerage of HSBC Holdings (HSBA.L), a newspaper report said on Thursday. HSBC confirmed last week it was discussing the possible sale of the business, and National Bank, Canada's No. 6 lender, has been seen as a likely suitor. The two parties are now in the final stages of negotiating a deal, the Globe and Mail said. A call to National Bank was not immediately returned.
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