Non-bank financial institutions (NBFIs) and the rapid growth of private markets offer investors an opportunity to diversify their portfolios, but what do they need in order to work safely within the financial system? flow’s Clarissa Dann and treasury correspondent Graham Buck set out the NBFI landscape and explain how regulated banks are supporting them

With another stellar year for CLOs now behind us, what will 2026 bring to this asset class known for its resilience? Interest rate paths and trade policy volatility could all impact the next 12 months. And what are the refinancing/reset trends? flow’s Will Monroe reviews Deutsche Bank Research analysis to find out