FTSE 100 news / Companies and sectors / Financial services / 6 October 2026
Financial services: sector news on Tuesday 6 October 2026
Average tone +0.8 (neutral) across 8 companies with relevant coverage, from 46 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| IG Group | −7.8 | 13 | Coverage focused on IG Group's shares falling further after a Q3 profit warning, with Panmure and other brokers cutting targets and forecasts. |
| Schroders | +4.0 | 8 | Coverage centred on Nuveen completing its £9.9bn takeover of Schroders, ending the family era. |
| London Stock Exchange Group | +4.5 | 7 | Coverage was mostly positive, with the shares rising, LSEG among the FTSE 100's top gainers, a Jefferies Buy rating reiterated and a new board member with AI expertise. |
| 3i | −3.7 | 4 | Coverage mainly reported 3i's share price falling in London trading and after hours, with drops of between roughly 3% and 6%. |
| Investec | +0.8 | 4 | Coverage was mostly about Investec buying back preference shares and a note on its savings arm's fixed bond rates, both fairly routine. |
| M&G | +4.0 | 4 | Coverage leaned mildly positive, with small share price gains reported alongside profit growth and a new brand campaign. |
| Pershing Square Holdings | −1.3 | 3 | Coverage was thin and mixed, with a BofA price target increase and an Ackman-led strategy shift at Howard Hughes offset by a Wells Fargo downgrade to Strong Sell. |
| St. James's Place | +5.5 | 3 | Coverage focused on 200 advisers graduating from the St. |
| Aberdeen Group | – | 0 | |
| ICG | – | 0 |
Strongest stories in the sector
- −10.0 IG Group Falls Again as Panmure Cuts EBITDA Forecast 18% After Profit Warning
EBITDA forecast cut 18% after profit warning. - −9.2 Pershing Square (NYSE:PS) Cut to Strong Sell at Wells Fargo & Company
Wells Fargo downgrade to Strong Sell on related Pershing Square entity. - −8.7 Can IG Group (LSE:IGG) Rebuild Investor Confidence After Its Sharp Outlook Cut This Week?
Questions over investor confidence after sharp outlook cut. - −8.3 IG Group stock gets a lower Panmure target after Q3 warning
Lower Panmure target following Q3 warning. - −8.3 Panmure cuts target for IG Group stock to GBp 1,500
Panmure cuts price target to 1,500p. - −7.5 FTSE 100 movers: Ithaca rallies on acquisition; IG Group falls again
IG named as FTSE 100 faller again. - −7.5 IG Group shares drop 2.5% after Panmure cuts ta...
Shares drop 2.5% after target cut. - −7.0 IG Group shares slump but Underdog performance shines in Q3
Shares slump after Q3, though Underdog performed well. - −6.7 IG Group shares extend losses as Panmure cuts target price but keeps 'buy'
Shares extend losses; target cut but buy rating kept. - −6.7 IG Group Tech Chiefs Exit as Brokers Hunt for AI Talent Intesifies
Tech chiefs leaving amid AI talent competition. - −6.7 3i Group stock after-hours at EUR 28.67: minus 5.72 percent
Sharp after-hours share price drop of 5.72%. - +6.7 London Stock Exchange Group's (LSEG) "Buy" Rating Reiterated at Jefferies Financial Group
Jefferies reiterated Buy rating.
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