SI

Overview

Global bank universe · 66 institutions · US & Europe

Macro EnvironmentHIGHLY FAVORABLE+14 / 20

+6 pts applied to all bank scores

The SRT market is in a highly favorable environment as of June 2026.

Signal date: Aug 16, 2026

Key signals (5)

1.Bloomberg (June 9, 2026): Blackstone is actively buying SRTs from global banks — deals with ABN AMRO and SMBC Asia ($3.2B) as banks rush to hedge loan risks, with an active pipeline across Europe, Asia, and the Middle East — the strongest possible institutional demand signal for SRT deal flow
2.SRT issuance hit $41B in 2025 (up 41% from $29B in 2024) and is tracking over 20% year-over-year growth in 2026 — record volumes confirm the SRT market is structurally expanding on both the bank supply and investor demand side
3.Basel IV output floor implementation pressure is accelerating across European banking, with the ECB driving CET1 optimization programs that make synthetic securitization the most capital-efficient RWA relief tool available to major banks
4.Active SRT deal mandates are being marketed across Europe, Asia-Pacific, and the Middle East simultaneously — the geographic breadth confirms this is a systemic structural driver (Basel IV), not a one-off regional event
5.Institutional investor demand from Blackstone, Apollo, and Ares remains strong with capital actively being deployed into SRT first-loss and mezzanine tranches at risk-adjusted premiums that continue to attract alternative credit investors

Banks Monitored

66

US & European institutions

High Priority

27

Score ≥ 70 · 24 medium

Avg SRT Score

55

66 of 66 scored

Avg CET1 Ratio

14.4%

Tier 1 capital / RWA proxy

SRT Candidates

10 banks — sorted by srt likelihood score

#BankQuarter
SRT Score
CET1 %
CET1 Trend
Loan Growth YoY
RWA Growth QoQ
Top Exposure
1
Western Alliance Bancorporation
WAL
2026-Q197HIGH11.6%
0.15
+8.3%+1.2%
CRE27.0%
2
State Street
STT
2026-Q196HIGH14.7%
1.57
+10.1%+10.2%
CRE7.0%
3
M&T Bank
MTB
2026-Q195HIGH12.0%
0.15
+4.1%+1.5%
SME24.5%
4
Credito Agricola
CADEPEU
2025-Q4approx94HIGH19.2%
n/a
+3.8%+1.1%
SME44.0%
5
OTP Bank
OTPEU
2025-Q4approx89HIGH16.1%
n/a
+7.7%+2.3%
SME34.0%
6
Citibank
C
2026-Q184HIGH13.8%
0.56
+8.2%+0.9%
Consumer24.5%
7
ING Group
INGAEU
2026-Q283HIGH13.1%
+8.0%
8
Goldman Sachs
GS
2026-Q183HIGH14.1%
1.58
+22.0%+8.8%
SME14.0%
9
JPMorgan Chase
JPM
2026-Q182HIGH15.1%
0.21
+11.3%+5.2%
Consumer18.4%
10
KeyCorp
KEY
2026-Q181HIGH12.5%
0.26
+4.2%+2.1%
SME32.4%
Showing 10 of 66 banksView all banks →

Score Distribution

66 scored banks

Low <40
Med 40–79
High 80+

Recent Bank Signals

32 banks · last 7d

DBK

Deutsche Bank

9

BNP

BNP Paribas

8

RBI

Raiffeisen Bank International

7

STT

State Street

7

JPM

JPMorgan Chase

7
CET1RWAPROV

Document

INGA

ING Group

5

ISP

Intesa Sanpaolo

3
CET1RWAPROV

Basel 3 Pillar 3

Latest Deals

View all →
Unknown
689mo ago
Auto Loans
Size undisclosedSpain
ABN AMRO
689mo ago
Other
Size undisclosedNetherlands

Investor: Blackstone

NA Bank
689mo ago
Other
$625MUnited States
UniCredit S.p.A.
689mo ago
Corporate Loans
$4.0BItaly
European Bank for Reconstruction and Development
689mo ago
Other
$1.1BUnited Kingdom
ABN AMRO
689mo ago
Other
Size undisclosedNetherlands

Investor: Blackstone

DBS Bank Ltd
689mo ago
Other
$1.0BSingapore
International Finance Corporation
689mo ago
Trade Finance
Size undisclosedUnited States
DBS Bank Ltd
689mo ago
Other
$1.0BSingapore
DBS Bank Ltd
689mo ago
Other
$1.0BSingapore
KBC Group
689mo ago
Corporate Loans
$4.2BBelgium
NA Bank
689mo ago
Other
$625M
DBS Bank Ltd
689mo ago
Other
$1.0BSingapore
European Bank for Reconstruction and Development
689mo ago
Other
$1.1BUnited Kingdom
DBS Bank Ltd
689mo ago
Other
$1.3BSingapore
ABN AMRO
689mo ago
Other
Size undisclosedNetherlands

Investor: Blackstone

ABN AMRO
689mo ago
Other
Size undisclosedNetherlands

Investor: Blackstone

KBC Group
689mo ago
Corporate Loans
$1.4BBelgium
European Bank for Reconstruction and Development
689mo ago
Other
$1.1BUnited Kingdom
KBC Group
689mo ago
Corporate Loans
$1.4BBelgium

20 deals in database