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Money20/20: HSBC to take SVB global

Money20/20 afternoon sessions began with a fireside chat between HSBC UK CEO Ian Stuart and Arjun Kharpal, senior technology reporter at CNBC. They discussed HSBC’s acquisition of Silicon Valley Bank (SVB) and what the future holds.

Lloyd’s to set benchmark for regulatory competitiveness: LMA

According to Paul Davenport, Finance & Risk Director at the Lloyd’s Market Association (LMA), the Lloyd’s Market has made notable progress towards its objectives of reducing the burden of compliance with financial reporting for participating, particularly towards plans to reduce the volume and frequency of reporting for technical provisions and quarterly accounting returns.