“And so we feel like we've turned the corner in IWM and '26 is the year that we're going to begin to see the transformation as we brought that business closer together with BNY.”

How to check this claim

Look at: Investment and Wealth Management (IWM) segment performance/transformation, as disclosed by BNY management

It came true if: Management commentary in FY2026 reports/calls indicates visible improvement or transformation progress in IWM (e.g., improved revenue growth, margins, or explicit statements of transformation being realized), versus no improvement or continued decline

Where: BNY quarterly earnings releases, segment reporting, and management commentary on earnings calls during FY2026

Verify independently

SEC filings for BK ↗ · Claim quote is verbatim from the 2025Q4 earnings call.