The aggregate operating revenue reached $11bn in 9m25, 11% y/y. The mass-affluent segment ($200k-$1m) recorded the fastest growth; this was driven by strong transactional revenues, the fastest-growing revenue segment across the peer group. Regionally, AMER and APAC outpaced EMEA. AuM jumped 17% y/y, with several banks in the peer group reporting record net new money inflows. Aggregate operating revenue rose to $11bn in 9m25, up 11% y/y. The Mass-Affluent segment ($200k–$1m) delivered the strongest expansion, fuelled by robust transactional revenues – the fastest-growing revenue stream across peers. Regionally, AMER and APAC outperformed EMEA. AuM climbed 17% y/y, with multiple banks