“and, obviously, mix will matter there. What I will point out is that we have seen meaningful growth in the spread products and financing side of the business, and that obviously does show up in part through NII inside of markets.”

In context

“cross-border transaction value. But also on the securities side with growth in acts under custody and assets under administration, and we'd expect that momentum to continue particularly with some of the big wins we've seen on the security services side in North America in particular. So the combination of those things, I think, will be positive contributors to NIR, as we think about 2026. I've been pretty consistent in stressing the importance of thinking of the markets business from a total revenue perspective. I would stick to that point. With that said, I think that, you know, one way to think about market is probably relatively flat year over year. Subject to what the wallet is. Revenues should be somewhat flat year over year but, again, off of strong momentum that we've seen in 2025, and, obviously, mix will matter there. What I will point out is that we have seen meaningful growth in the spread products and financing side of the business, and that obviously does show up in part through NII inside of markets. So hopefully, that gives you some sense, but again, feel good about the NIIX market's outlook by to 6%. That'll be both volume and mix. On the volume side, I'd expect to see loan growth in cards and wealth probably in the mid-single digits in terms of loans and deposit growth and services and wealth, probably in the mid-single digits in the way of volume there as well. Ebrahim Poonawala: That's great color. Thank you, Mark, and all the best. And with the next adventure. Bye. Mark Mason: Thank you. Thank you so much. Operator: Next question will come from Betsy Graseck with Morgan Stanley. Betsy Graseck: Hi. Good morning. Jane Fraser: Good morning. Betsy Graseck: Hi. Good morning, Betsy. So, Mark, I had a question for you on the NII outlook. Coming into this print, I think you were looking”