European Diversified Financials: Lunchtime Snack

Research evidence excerpt

European Diversified Financials: Lunchtime Snack

Equity Research

European Diversified Financials

15 May 2026

Lunchtime Snack

We assemble an easily digestible summary of all our research,

reporting and news from the last week to enjoy over lunch.

Highlights include: Our cross-fins SIU report, 3i FY results European Diversified Financials POSITIVE

& SHAW Q1. On the menu for next week: Barclays European European Diversified Financials

Leadership Conf, EQT event & reporting from ICG, ENX, AJB, Michael Sanderson

IHP +44 (0)20 3134 2487 michael.sanderson@barclays.com

Barclays, UK

Barclays European Leadership Conference 2026: We will be hosting a number of the Grace Dargan

management and IRs of our companies for in-person meetings at the conference in London on 21 +44 (0)20 3555 4065

May – REGISTER HERE. Attendees at the conference include 3i, LSEG, Deutsche Boerse, EQT and grace.dargan@barclays.com

Amundi. Barclays, UK

Krystal Han

THE HOUSE SPECIAL +44 (0)20 7116 1890

Chart of the week krystal.han@barclays.com

This week, we tackled the complex topic of the European Savings and Investment Union – Barclays, UK

where €10tr of household savings should be redeployed, supported at its core by more Hafsa Yasir

competitive financials. We think the Diversified Financials sector is best positioned to benefit +44 (0)20 7116 3644

from SIU, with exchanges the stand-out sub-sector; for Banks and Insurance we believe the hafsa.yasir@barclays.com

notable beneficiaries are likely to be the diversified, international names. European Financials: Barclays, UK

Can Europe build financial champions? Claudia Gaspari

+44 (0)20 3134 6039

claudia.gaspari@barclays.com

Barclays Capital Inc. and/or one of its affiliates does and seeks to do business with companies

covered in its research reports.