Schwab's response to investor pressure, China's currency efforts, pay increase for CEOs, Musk-Putin communication, and theft of luxury watches

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:
(1) The UK-based tech giant Arm has filed to list its shares on the Nasdaq, in what's set to become the biggest US stock market launch of the year.

(2) S&P has followed Moody's in downgrading and cutting the outlook for a slew of US banks.

(3) The CEOs of Britain's biggest companies saw an above-inflation pay rise last year but still earned less than before the pandemic.

(4) It's been reported that Elon Musk told Pentagon officials he had personally spoken with Vladimir Putin in October. 

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