HSBC has secured a prime role on the $2.1bn acquisition of Cineplex by its UK rival Cineworld, a significant deal for the bank as it continues to try and generate more revenues from its home market.

The UK lender is joint lead adviser to Cineworld, alongside Bank of America, on the bid by the Canadian cinema group to access the approximately $770m Canadian box office, of which Cineplex has a 75% share.