London Stock Exchange Group (LSEG)

Money Moves

Acquiring Octus

London Stock Exchange Group agreed on October 22 to buy Octus, a New York-based credit intelligence firm, for $3.535 billion in cash. It is LSEG's largest acquisition since Refinitiv in 2019, and it landed the same day the group reported third-quarter total income up 8.8% and raised its full-year guidance. Latham & Watkins advised LSEG on the deal.

Updated Nov 1

New Capabilities

As of September 2026: Competitor building managed MCP-based data access

Bloomberg made the data behind its Terminal available to clients' AI agents through the Model Context Protocol (MCP), the open standard for connecting AI models to external tools and data. The company announced Enterprise MCP publicly on September 29, 2026, after first testing the same architecture inside its own Terminal AI product, ASKB.

Updated Sep 29

Money Moves

As of September 2026: Source of the APP fraud projection

Money moves in seconds now, but the person receiving it is often a mystery until it's too late. IPID, a Singapore-based payment intelligence firm, announced a $16 million Series A to expand payee verification to US payment rails, stablecoins and digital assets.

Updated Sep 25