HSBC has bolstered its equities business with eight senior hires from Credit Suisse across Europe, Asia and the US, as the fallout from the Swiss bank's rescue deal continues.

In the latest case of rivals capitalising on high employee turnover at the Swiss bank after its takeover by local rival UBS in March, HSBC has added nine new equities staff, eight of which came from Credit Suisse, it said in a statement.