FTSE 100 news / Companies and sectors / Financial services / 12 October 2026
Financial services: sector news on Monday 12 October 2026
Average tone +0.2 (neutral) across 4 companies with relevant coverage, from 5 stories.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Pershing Square Holdings | −5.2 | 2 | Coverage was led by Citi downgrading Pershing Square to sell on valuation concerns, which weighs on sentiment. |
| 3i | +5.3 | 1 | Coverage centred on 3i continuing its £750m share buyback and reducing its voting shares to 1.02bn. |
| London Stock Exchange Group | 0.0 | 1 | The only relevant coverage was a piece saying analysts' opinions on London Stock Exchange Group are mixed, so the picture is neutral. |
| St. James's Place | +0.7 | 1 | Coverage was limited to Barclays reaffirming its Hold rating on St. |
| Aberdeen Group | – | 0 | |
| ICG | – | 0 | |
| IG Group | – | 0 | |
| Investec | – | 0 | |
| M&G | – | 0 | |
| Schroders | – | 0 |
Strongest stories in the sector
- −7.7 Citi downgrades Bill Ackman’s Pershing Square to sell on valuation concerns
Citi downgrade to sell on valuation concerns is negative for the shares. - +5.3 3i Group Advances £750m Share Buyback, Cuts Voting Shares to 1.02bn
Ongoing £750m buyback is supportive of shareholder returns, though routine. - +2.0 The float is shrinking: Ackman on index funds, short-term traders and why big tech is still cheap
Ackman interview on markets and big tech; mildly positive, largely commentary on strategy. - +0.7 Barclays Reaffirms Their Hold Rating on St. James’s Place (STJ)
Barclays maintains Hold rating on St. James's Place; neutral analyst view. - 0.0 Analysts’ Opinions Are Mixed on These Financial Stocks: Banco Bilbao Vizcaya Argentaria (GB:BVA) and London Stock Exchange (GB:LSEG)
Analyst views on LSEG described as mixed
Financial services: every day · FTSE 100 overview for the day