FTSE 100 news / Companies and sectors / Financial services / 10 October 2026
Financial services: sector news on Saturday 10 October 2026
Average tone +1.5 (slightly positive) across 7 companies with relevant coverage, from 32 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Pershing Square Holdings | −8.0 | 8 | Coverage was dominated by Citi downgrading Pershing Square to Sell from Neutral with a $45 target, citing valuation concerns. |
| IG Group | +4.0 | 7 | Coverage centred on analysts keeping buy ratings on IG Group and the CEO discussing the Underdog push into US prediction markets. |
| London Stock Exchange Group | +7.7 | 7 | Coverage mainly focused on a new multi-year data agreement between LSEG and CMC Markets, giving CMC broader access to financial data. |
| Aberdeen Group | +5.0 | 4 | Coverage centred on Aberdeen selling half of its stake in Standard Life, with its shares rising on the news as the sale was framed as freeing up capital. |
| Investec | +6.5 | 2 | Coverage was mainly about Investec opening its UK real estate equity strategy to external investors and an Investec-backed consortium acquiring LekkeSlaap. |
| Schroders | +0.7 | 2 | Coverage centred on Schroders' merger with Nuveen and a strategy shift prompted by the UK's shrinking equity market share. |
| St. James's Place | −5.3 | 2 | Coverage was mainly about St James's Place being drawn into a row over Octopus's inheritance tax service, which leans negative. |
| 3i | – | 0 | |
| ICG | – | 0 | |
| M&G | – | 0 |
Strongest stories in the sector
- +9.2 LSEG-CMC Markets agreement expands access to AI-ready financial data
Agreement expands access to LSEG AI-ready data. - +9.2 LSEG Agreement Gives CMC Markets Broader Access to Financial Data
New data agreement with CMC Markets. - −9.2 Citi downgrades Pershing Square to Sell on valuation concerns (PS:NYSE)
Citi downgrades to Sell on valuation. - −9.2 Bill Ackman’s Pershing Square Falls as Citi Issues Sell Rating Over Valuation Concerns
Citi sell rating over valuation concerns, shares fall. - +8.8 LSEG, CMC Markets announce multi-year strategic data agreement
Multi-year data agreement with CMC Markets. - −8.8 Citigroup Downgrades Pershing Square to Sell From Neutral, $45 Price Target
Downgrade to Sell from Neutral with $45 target. - +8.7 LSEG & CMC Markets Enter Strategic Data Agreement To Support Growth And Innovation
Strategic data agreement supports growth. - −8.7 Citigroup Downgrades Pershing Square (NYSE:PS) to Sell
Citigroup downgrade to Sell. - −8.7 Citi downgrades Pershing Square to Sell with $45 target
Citi Sell rating with $45 target. - −8.3 Citi Makes Stark Call on Bill Ackman's Pershing Square
Citi makes stark negative call on Pershing Square. - −8.3 Pershing Square (NYSE:PS) Shares Gap Down After Analyst Downgrade
Shares gap down after analyst downgrade. - +7.5 Aberdeen Group (LSE:ABDN) Rises On Stake Sale: Is The Asset Manager Freeing Capital For Growth?
Shares rose on stake sale, framed as freeing capital for growth.
Financial services: every day · FTSE 100 overview for the day