Royal Bank of Canada (RY) may have beaten out TD Bank (TD) in a weekend bidding war to grab Ally...

|About: Royal Bank of Canada (RY)|By:, SA News Editor

Royal Bank of Canada (RY) may have beaten out TD Bank (TD) in a weekend bidding war to grab Ally Financial's Canadian operations in a deal valued at more than $4B, according to sources. The situation is fluid, with the possibility of an announcement today or even TD coming in with a better offer.