UPDATE: Wages Surge As Unemployment Drops & The CEO of SVB UK

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Unemployment unexpectedly drops as wages surge, creating another headache for the BOE. (2) Silicon Valley Bank UK has been rebranded as HSBC Innovation Banking; we hear from the CEO. (3) The boss of Barclays tells us an exodus of top bankers was driven by a decision to refocus the business. (4) Goldman Sachs International CEO tells Bloomberg the bank is ending its relationship with Odey Asset Management. (5) ARM looks to Intel as an anchor investor for its US IPO. See omnystudio.com/listener for privacy information.