HSBC India’s Davis Says Wages Rising as Bankers Poached: Audio

Stuart Davis, HSBC Holdings Plc (HSBA)’s chief executive officer for India, spoke yesterday in Mumbai with Bloomberg's Ruth David and George Smith Alexander about the company's business outlook.

The London-based bank is trying to add market share in investment and commercial banking as foreign and domestic rivals including Barclays Plc (BARC) and Religare Enterprises Ltd. (RELG) build up their own businesses. (Source: Bloomberg)

00:00 Competition, growth in India banking market 03:28 Wage growth, retention; growth outlook 06:35 Indian, global growth, market outlook

Running time 10:40

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