FTSE 100 news / Companies and sectors / Financial services / 1 October 2026
Financial services: sector news on Thursday 1 October 2026
Average tone +2.3 (slightly positive) across 10 companies with relevant coverage, from 40 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| London Stock Exchange Group | +8.7 | 9 | Coverage focused on LSEG's expanded AI data partnership with Snowflake and its Super Validator role on the Canton Network. |
| Schroders | +1.3 | 6 | Coverage centred on the Nuveen takeover of Schroders gaining court approval, alongside the departure of the Schroders Capital CEO. |
| Pershing Square Holdings | +2.8 | 5 | Coverage centred on a reported 7.30% share price rise and Bill Ackman's enthusiasm for Anthropic and a Berkshire-style approach. |
| St. James's Place | −3.7 | 5 | Coverage leaned negative, with the closure of a KKR managed private markets fund and cautious JPMorgan views on UK platforms. |
| Aberdeen Group | +2.0 | 4 | Coverage was mostly routine, with JPMorgan resuming coverage of Aberdeen Group at neutral and one of its funds launching a rights offering. |
| 3i | 0.0 | 3 | Coverage of 3i Group was limited to routine administrative notices on share capital, voting rights and admission of shares to trading. |
| IG Group | +4.0 | 3 | Coverage was mildly positive, with IG Japan resuming commodity options trading, the CEO acquiring shares, and commentary on market turbulence possibly lifting trading activity. |
| M&G | +4.5 | 3 | Coverage was mostly routine, with notices on director share awards and holdings. |
| ICG | −5.7 | 1 | The only substantive coverage asked whether private credit worries are weighing on ICG shares while the FTSE 100 trades higher. |
| Investec | +9.2 | 1 | The only relevant coverage was Euromoney naming Investec Africa's best FX single-dealer platform for 2026, which is a positive reputational note. |
Strongest stories in the sector
- +10.0 JPMorgan Reinitiates London Stock Exchange Group at Overweight
JPMorgan reinitiates coverage at Overweight - +10.0 LSEG and Snowflake expand AI data partnership
LSEG expands AI data partnership with Snowflake - +9.2 Africa’s best FX single-dealer platform 2026: Investec
Investec named best FX single-dealer platform in Africa by Euromoney. - +9.2 The world’s best FX venue 2026: LSEG FX
LSEG FX named world's best FX venue by Euromoney - +8.3 LSEG Advances to ‘Super Validator’ for the Canton Network
LSEG upgraded to Super Validator on Canton Network - +8.3 LSEG Expands Institutional Blockchain Role on Canton Network
LSEG expands institutional blockchain role on Canton - +8.0 LSEG’s Super Validator role boosts its say on Canton, the bank settlement network
Super Validator role gives LSEG more say on Canton - +7.5 Pershing Square Ord Shs Stock (PS) Moved Up by 7.30% on Sep 30: What Investors Need To Know
Shares reported up 7.30%, a positive share price move. - +7.5 Nuveen's £10B Takeover Of Schroders Wins Court Approval
Court approval moves Nuveen takeover closer to completion. - +7.0 Prediction: just look at what analysts forecast for this hot FTSE 100 income stock!
Analyst forecasts for M&G as an income stock are favourable. - +5.8 Snowflake Gains as Investors Focus on New Enterprise AI Partnership
Snowflake gains on new partnership with LSEG - −5.8 Bill Ackman’s Pershing Square Stock Trades at 100 Times Earnings as Funds Lag
Stock trading at 100 times earnings while funds lag, valuation concern.
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