Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
On this episode of Stock Movers:
- HSBC shares slump in Hong Kong after it announced a privatization plan for Hang Seng Bank that will mean a cut in its CET1 ratio and a pause in share buybacks.
- UK homebuilders may be in focus as estate agents become pessimistic for the first time in two years, according to a survey that shows the housing market continues to lose momentum amid fears of tax rises and concern about the economic outlook.Taylor Wimpey's completions may rise just 1% to 11,150 in 2026, lagging consensus for 4% growth. That could drag pretax profit 6% lower than Oct. 3 estimates for £460 million, based on our scenario. Softening UK reservations and orders and depleted outlets are major drags, contrasting with Persimmon, which leads peers in pipeline growth.
- Lloyds Banking Group shares drop as much as 3.9%, the most in six weeks, after the lender said it will likely have to set aside an additional — and potentially material — provision to compensate customers who were missold car loans.
See omnystudio.com/listener for privacy information.