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Bank of New York Mellon BK Investment and Wealth Management — Business realignment
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Where this comes from
Reported directly by Bank of New York Mellon in its filing.
Tagged under the XBRL concept bk:IntangibleAssetTransfers.
The source filing: Bank of New York Mellon’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 7:01 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001390777-26-000060
| Intangible assets – net carrying amount by business segment(in millions) | Securities Services | Market and Wealth Services | Investmentand Wealth Management | Other | Consolidated |
|---|---|---|---|---|---|
| Balance at Dec. 31, 2025 | $164 | $371 | $1,438 | $849 | $2,822 |
| Business realignment (a) | (44) | 44 | — | — | — |
| Amortization | (5) | (1) | (3) | — | (9) |
| Foreign currency translation | (1) | — | (3) | — | (4) |
| Balance at March 31, 2026 | $114 | $414 | $1,432 | $849 | $2,809 |
Item 1. Financial Statements
FAQ
- What is Bank of New York Mellon's investment and wealth management — business realignment?
- Bank of New York Mellon (BK) reported investment and wealth management — business realignment of $0 in Q1 2026.
- What does investment and wealth management — business realignment mean?
- Costs incurred to restructure, reorganize, or optimize the operations of the Investment and Wealth Management segment. These expenses typically include severance, facility consolidation, or process re-engineering costs aimed at improving long-term efficiency.
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