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Banking Revenue Pool on Track for Record $1.1 Trillion, Opening Window to Reshape for Growth

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BCG Report Finds Banks Beginning to Pivot to Client- and Platform-Led ModelsRevenue Pool Expected to Reach $1.4 Trillion by 2030, with Nonbank Financial Institutions Taking a 23% ShareHedge Fund and Sponsor Revenues Expected to Grow About 9% and 8% a Year Through 2030, Versus 2% for Traditional Corporate ClientsAI Could Free Up as Much as 40% of Middle and Back Office Capacity by 2030, but Not All of It Means Fewer Jobs

BOSTON, Oct. 14, 2026 /PRNewswire/ — Corporate and investment banking (CIB) is entering the next phase of its evolution with exceptional momentum and is beginning to pivot from a product-led model to a client- and platform-led one as growth shifts toward a new mix of clients and as technology changes the economics of serving them, according to a new report from Boston Consulting Group (BCG).

Revenues, including those of nonbank financial institutions (NBFIs), are on track to reach a record $1.1 trillion in 2026, up more than 7% from 2025. The report argues that this strength creates a “golden window” for CIB leaders to capture the next wave of growth while using today’s earnings power to build the capabilities required for the future. That window, it cautions, will not stay open indefinitely.

These are among the findings of A Golden Window for Growth, BCG’s 2026 Corporate and Investment Banking Report. Based on BCG Expand data and BCG analysis, the report projects that the total CIB revenue pool, including NBFIs, will reach about $1.4 trillion by 2030, growing roughly 5% a year. This year, 2026, will be the sixth consecutive year of growth.

Hedge Funds and Sponsors Are Driving the Next Wave of Growth

Growth in CIB is increasingly coming from hedge funds and financial sponsors rather than traditional corporate clients. This challenges the product-centric model through which many banks still organize coverage and accountability.

They have a history of faster growth than traditional clients. Over the past two years, sponsor revenues have grown about 5.5% a year and hedge fund revenues about 9%, compared with roughly 1.7% for traditional corporate clients.The mandate is only part of the prize. For sponsors, financing, markets, and treasury carry more value than the advisory mandate itself. Banks that win the mandate and stop there capture only a fraction of a relationship’s worth.Banks are organized differently from how clients buy. Sponsors and hedge funds tend to buy advisory, financing, markets, and transaction banking together, yet most CIBs still price and staff those products separately.NBFIs are gaining ground. Their share of the CIB revenue pool has grown almost fivefold, from roughly 4% in 2013 to an estimated 19% by the end of 2026, and BCG expects about 23% by 2030.Private-credit fund financing is the fastest-growing CIB product area. Its revenues compounded at roughly 15% a year from 2022 through 2025.

“Sponsors and hedge funds are raising the bar,” said Julian Hein, a BCG managing director and partner, and a coauthor of the report. “They expect financing through the cycle, proprietary insight, and technology-enabled coverage, and they can tell a bank that has redesigned its workflows from one that has simply added new tools. Banks that meet that standard, with one accountable relationship owner rather than a handful of product teams, are best placed to share in the growth.”

Regional Growth Is Diverging, with Asia-Pacific Growing Fastest

The report finds that regional averages will increasingly mask the country-level pockets of growth that matter most. Excluding NBFIs, North America will remain the largest region, with roughly 46% of the revenue pool, growing about 4% a year to 2030. Its lead will widen in absolute terms even though its share barely moves, as the largest base in the market keeps growing at a healthy rate.

Asia-Pacific is expected to grow fastest, at about 5% a year, with growth coming from three distinct country engines: Japan’s rates and foreign exchange normalization, an equity and debt capital markets boom in India, and Southeast Asia, particularly Singapore, as a hub for private capital, transaction banking, and wealth management.

Europe, the Middle East, and Africa (EMEA) is expected to grow about 3% a year, with its share of the global pool declining further. The UK remains a mature, concentrated hub, where corporates with more than £1 billion in turnover account for roughly 60% of the addressable corporate market, the highest among major European markets.

Continental Europe faces slower, more fragmented growth, and US banks are expanding in Europe, raising competitive intensity in a slower-growing pool. The Middle East is the fastest-growing pool in the region, though growth there remains volatile and subject to geopolitical developments.

AI Will Transform the Economics of Banking

Today, most CIB operating models are led by humans, with AI supporting individual workflows. By 2030, the report expects leading banks’ models to be technology-led and broadly AI-enabled, and says the operating model will determine whether growth can be served at attractive economics.

BCG estimates that up to 40% of current full-time-equivalent capacity in middle- and back-office functions could be freed up by 2030, measured against today’s job profiles. Freed capacity is not the same as a net head count reduction: much of it may be absorbed by new roles as banks redeploy staff toward higher-value, judgment-intensive work.

The gap between leaders and laggards is expected to persist even as the pool grows. By 2030, leading CIBs are on track to sustain a cost-to-income ratio of roughly 53% and a return on tangible equity of roughly 21%, compared with roughly 68% and 10% for laggards.

Success Is No Reason to Wait

Current success can weaken the internal momentum for change, the report notes, yet it sees first movers in global markets, investment banking, and corporate banking already capturing a disproportionate share of value. Banks that wait risk finding that talent, platform standards, and client relationships are locked in and become progressively harder to dislodge.

“Growth is concentrating in particular clients and in particular markets,” said Ingmar Brömstrup, a BCG managing director and senior partner, and a coauthor of the report. “From the country-level engines in Asia-Pacific to the largest base in North America, banks that pair the right client coverage with the right markets can capture growth that regional averages hide. Today’s record revenues are what allow banks to build that now.”

Download the publication here:
https://www.bcg.com/publications/2026/corporate-and-investment-banking-growth

Media Contact: 
Bruce Wraight
wraight.bruce@bcg.com 

About Boston Consulting Group
Boston Consulting Group bridges the gap between ambition and outcomes for the world’s leading companies and organizations. We are built for this era of unprecedented change — bringing strategic clarity rooted in over 60 years of deep domain knowledge, combined with applied AI shaped by our practitioners. BCG works shoulder-to-shoulder with CEOs across industries and geographies to deliver transformative impact at scale: stronger returns, transferred capabilities, and change that sticks. For more information, visit bcg.com.

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SOURCE Boston Consulting Group (BCG)

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/R E P E A T — Media Advisory – Minister Hodgson to deliver remarks and participate in fireside chat/

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ST. JOHN’S, NL, Oct. 14, 2026 /CNW/ — Canada’s Minister of Energy and Natural Resources, the Honourable Tim Hodgson, will deliver remarks and participate in a fireside chat with Energy NL CEO Charlene Johnson.  

Date:

Friday, October 16, 2026

Time:

11:30 a.m. NDT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

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Newgen Brings the Art of Storytelling to Enterprise Audiences with ‘Ahead of Victory’

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Three original, AI-generated story experiences for banking, insurance, and government audiences bring Newgen’s ‘Ahead of What’s Ahead’ brand narrative to life on DX++, its digital destination for thought leadership and industry perspectives.

NEW DELHI, Oct. 16, 2026 /PRNewswire/ — Newgen Software orchestrates intelligent enterprises at scale, bringing intelligence, trust, and control together to help organizations prepare for what’s ahead. Extending this focus beyond enterprise technology, Newgen is also reimagining how it engages with the industries it serves through DX++ (Digital Transformation Plus Plus), its digital destination for thought leadership, industry points of view, expert perspectives, and insights on emerging technologies and enterprise transformation.

Building on this content ecosystem, Newgen is bringing the art of storytelling to its banking, insurance and government audiences through ‘Ahead of Victory’, a Dussehra-special campaign featuring three original, 15-minute stories, crafted specifically for these industries and brought to life through a compelling, visual storytelling style. Streaming on DX++, the films offer a distinctive way to engage audiences, bringing together creativity, technology and industry understanding.

The campaign draws from Newgen’s overarching brand narrative, Ahead of What’s Ahead, launched earlier this year. Rooted in the company’s organisational DNA, the narrative reflects the ability to foresee what lies ahead, prepare for change and act with purpose. Ahead of Victory brings this approach into the festive season through the power of storytelling.

Ahead of What’s Ahead: A mindset that defines Newgen

For Newgen, staying ahead is more than a brand promise. It is an organisational mindset built around three fundamental principles: foresee, prepare and act. It means recognising emerging possibilities, anticipating challenges and helping enterprises navigate change with confidence.

This approach is reflected in Newgen’s global positioning, Orchestrating Intelligent Enterprises. Through the NewgenONE Platform, Newgen brings content, processes and communications together in an orchestration layer that embeds intelligence into how enterprises operate, with trust, governance and control built in.

The Ahead of What’s Ahead narrative brings these ideas together, reflecting Newgen’s commitment to innovation and its belief that being prepared for the future begins with anticipating what comes next.

Ahead of Victory: Where storytelling meets the spirit of staying ahead

Stories have the power to make ideas relatable, spark conversations and create lasting connections. With Ahead of Victory, Newgen brings this power to enterprise communication, using cinematic storytelling to engage the industries it serves in a fresh and memorable way.

The campaign features three original, 15-minute, AI-generated story experiences created for banking, insurance and government audiences. Moving beyond conventional B2B communication formats, these immersive narratives use engaging storytelling to connect with the unique contexts and interests of each sector.

The campaign takes inspiration from the spirit of Dussehra, the triumph of good over evil and the courage to overcome challenges. This resonates with Newgen’s approach of looking beyond the present, anticipating what lies ahead and being prepared to act.

The initiative reflects Newgen’s efforts to engage with its customers and prospects in fresh and unexpected ways. By using AI to bring industry-specific stories to life, the campaign offers a distinctive alternative to conventional B2B communication, creating a more relatable and engaging way to connect with audiences across banking, insurance and government.

DX++: Digital Transformation, Plus Plus

DX++ brings together Newgen’s thought leadership, industry points of view, expert perspectives and content on emerging technologies and enterprise transformation. It serves as a destination for audiences looking to explore the ideas, challenges and possibilities shaping their industries.

By bringing these resources together, DX++ extends the conversation beyond products and solutions to the wider business and technology developments influencing enterprise transformation. The addition of Ahead of Victory introduces a cinematic dimension to this content ecosystem, demonstrating how industry insights can be complemented by creative storytelling to engage audiences in new ways.

For Newgen, DX++ is a destination where expertise, ideas and creative expression come together reinforcing the company’s focus on anticipating change and exploring what comes next.

Runki Goswami, Chief Marketing Officer, Newgen, says, “‘Ahead of What’s Ahead’ reflects something fundamental to Newgen: our ability to foresee, prepare and act. It shapes how we approach enterprise transformation, innovation and the opportunities that lie ahead. With ‘Ahead of Victory’, we wanted to take a fresh approach to engaging with our customers and prospects, moving beyond conventional B2B communication through original, industry-specific stories. DX++ gives us a destination to bring together our industry perspectives, thought leadership and creative initiatives, creating new ways to connect with the audiences we serve.”

The three films are now streaming on DX++ at https://newgensoft.com/AheadOfVictory/.

Disclaimer

The content comprises original short-form creative content developed by Newgen Software Technologies Ltd. for its ‘Ahead of What’s Ahead’ campaign. The stories, characters and situations are fictional and have been independently developed for Newgen’s Government, Insurance and Banking domain narratives, respectively. The films use broad themes, humor and nostalgia associated with popular Indian cinema as a creative tribute. No original film footage, music, artwork, stills, clips, characters, actor likenesses or actor voices have been used. These films are not adaptations or remakes of any film, and are not sponsored or endorsed by, or affiliated with, any film, producer, actor, or rights holder. All third-party names and marks belong to their respective owners. For any concerns, please contact info@newgensoft.com.

About Newgen Software

Newgen Software Orchestrates Intelligent Enterprises at scale. The NewgenONE Platform unifies content, processes, and communications into an orchestration layer where intelligence is embedded into how enterprises operate, with trust, governance, and control built in. Enterprises move beyond fragmented initiatives to continuously adaptive, production ready operations. Decisions, workflows, and experiences evolve in real time, shaped by context, data, and embedded AI. Trusted by leading organizations worldwide, Newgen defines how modern enterprises operate, intelligently and at scale.

For more details, visit www.newgensoft.com

 

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VT Markets Provides Essential Relief to Support Flood-Impacted Communities in Thailand

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BANGKOK, Oct. 16, 2026 /PRNewswire/ — In response to recent flooding that have disrupted daily life across Thailand, global multi-asset broker VT Markets has demonstrated its commitment to corporate social responsibility (CSR) by contributing essential relief supplies to support those impacted by the floods.

As part of this initiative, VT Markets has consolidated and delivered essential relief packages to the central donation hub managed by the Bangkok Metropolitan Administration (BMA) at Bangkok City Hall (Din Daeng) on 9 October, 2026.

Through coordination with BMA, the VT Markets team provided immediate necessities, including clean drinking water, non-perishable food, hygiene supplies, and daily household essentials, for direct distribution to affected and recovering communities. By working alongside local authorities, the company aims to contribute to emergency relief efforts and provide practical assistance during challenging times.

This emergency effort builds on VT Markets’ sustained community outreach in Thailand. The company recently supported the Baan Imjai shelter, providing essential supplies, furniture, and vocational setup donations for urban safety nets, as well as partnering with the Baan Nokkamin Foundation to supply food and educational materials for vulnerable children.

These ongoing community donations complement VT Markets’ flagship CSR program, Finance Forward, which promotes long-term financial literacy and independence across emerging markets. By pairing emergency response with long-term educational and social welfare support, VT Markets continues to strengthen its commitment to local communities across Southeast Asia.

About VT Markets

VT Markets is a regulated multi-asset broker with a presence in over 160 countries as of today. It has earned numerous international accolades including Best Gold Trading Platform, Best Online Trading and Fastest Growing Broker. In line with its mission to make trading accessible to all, VT Markets offers comprehensive access to over 1,000 financial instruments and clients benefit from a seamless trading experience via its award-winning mobile application.

For more information, please visit the official VT Markets website or email us at info@vtmarkets.com. Alternatively, follow VT Markets on Facebook, Instagram, or LinkedIn.

For media enquiries and sponsorship opportunities, please email media@vtmarkets.com 

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