Boston Consulting Group expects Asia-Pacific corporate and investment banking revenue to expand fastest among regions through 2030, as activity shifts across markets and client groups.
BCG’s 2026 Corporate and Investment Banking Report, A Golden Window for Growth, puts the region’s annual growth at about 5%. It points to normalized interest rates and foreign-exchange markets in Japan, growing equity and debt markets in India, and Singapore’s role in private capital, transaction banking and wealth management.
The regional projection is part of a broader global expansion. BCG estimates the combined corporate and investment banking (CIB) and nonbank financial institutions (NBFIs) revenue pool will total about $1.1 trillion in 2026, more than 7% above 2025. It projects the pool will reach about $1.39 trillion by 2030; the 2026 estimate would mark its sixth straight year of growth.
Client segments show a different pattern from the regional forecast. BCG projects global CIB revenue from hedge funds will rise about 9% a year through 2030, and revenue from financial sponsors about 8%. Traditional corporate clients are forecast to grow about 2% annually. Those figures cover client groups worldwide, rather than Asia-Pacific alone.
BCG estimates NBFIs’ share of the CIB revenue pool grew from about 4% in 2013 to an estimated 19% by the end of 2026, with a projection of roughly 23% by 2030. The firm also identifies private-credit fund financing as its fastest-growing CIB product area, with revenue compounding at roughly 15% annually from 2022 through 2025.
The report describes a challenge for banks: some clients seek advisory, financing, markets and transaction-banking services in combination, while many banks still set staffing and prices by product. BCG Managing Director and Partner Julian Hein said, “Sponsors and hedge funds are raising the bar.” The firm argues that coordinated client coverage can help banks capture growth. Banks that delay may lose ground as competitors secure talent, platform standards and client relationships.
