Bank Outlook 2026: Bank funding and exposures in motion

In this annual outlook for the banking industry, our team examines the rapid expansion of NBFIs and the rising risks this poses for banks, the evolving role of AT1 capital, and how the EU's securitisation overhaul could reshape funding strategies. We also explore key ESG themes and include our previously published outlooks for bank bond supply and ESG

In this bundle

The silent risks between banks and NBFIs

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Financial Institutions

The silent risks between banks and NBFIs

A severe shock within the NBFI sector could increasingly spill over into the wider financial system

and

Financial Institutions

How the EU's securitisation overhaul may reshape banks' funding strategies

The European Commission is attempting to revitalise the EU securitisation market

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Financial Institutions

AT1: Adapt or abolish?

The role of AT1 capital is in flux, we discuss potential alternatives ahead

ESG Omnibus: Throwing the baby out with the bathwater

Financial Institutions

Sustainability

ESG Omnibus: Throwing the baby out with the bathwater

This will be a positive for banks which are no longer required to report on ESG but significantly complicate disclosures for those still in scope

Bank bond supply in 2026: Still riding the wave

Credit

Financial Institutions

Bank bond supply in 2026: Still riding the wave

bank bond supply

, and

Banks stick to ESG bonds, EU GBS yet to gain traction

Financial Institutions

Sustainability

Banks stick to ESG bonds, EU GBS yet to gain traction

Bank ESG supply expected to hold steady next year