The average Swiss salary of $111,587 is 47 per cent higher than the $75,966 mean pay package across the 33 nations surveyed by HSBC
HSBC has announced key changes to its country allocations in Asia
Cull of more than 500 jobs could begin in weeks, people say
All elements required for a sustained bull run are in place
Row over offer comes amid a wider debate on equal pay; HSBC has the worst gender pay gap among big UK firms
Analysts at the bank noted that since August-end, the Indian stock market underperformed due to an array of headwinds such as free fall in rupee and volatility in crude oil prices.
HSBC is hiring more people to boost growth in some of its business units including investment banking and private banking - the areas where it has lagged its American and some of its European rivals
HSBC said in a statement it has been working since the financial crisis to improve its internal controls and culture.
Rosha joined HSBC's Indian operations in 1991. He has worked in multiple roles in forex trading, corporate treasury sales, treasury and capital markets across a variety of countries
Prior to HSBC, Amitabh worked at Rothschild India, where he was the co-head and managing director of the Global Investment Bank
HSBC's underperformance in the US, where it is a relative minnow in contrast to its strong position in Europe and Asia, is partly a legacy of its disastrous foray into subprime lending in the country
HSBC is partly investing roughly two thirds of that amount by 2020 to build its presence in Hong Kong, the Pearl River Delta, and wealth in Asia. The rest will be spent on technology upgrades.
During his last year, Gulliver managed to arrest a six-year slide in income and positioned the bank to return more cash to investors in the second quarter
Appointment of Gulliver's replacement first major decision facing Mark Tucker, bank's new chairman
The MMEs are defined as companies with between 200 and 2,000 employees
Employees will be allowed to maintain existing holdings of securities prohibited by the new rules
Scott was released on bail by a London court yesterday and plans to fight his extradition
Central bank also lowered its growth forecast to 7.3% from 7.4%
190 prosecution complaints have been filed against various entities
Despite earnings pressure, HSBC retained its dividend payout ratio at higher level in last few years