Fair Value Measurements - Recurring Fair Value (Details) - USD ($)
$ in Millions |
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
| Assets |
|
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
$ 144,501
|
$ 133,053
|
|
| Trading account assets |
314,460
|
277,354
|
|
| Derivative assets |
308,100
|
290,300
|
|
| Derivative assets |
40,948
|
39,323
|
|
| Total AFS debt securities |
346,432
|
266,649
|
|
| Other debt securities carried at fair value |
12,175
|
10,203
|
|
| Loans and leases |
4,249
|
3,569
|
|
| Loans held-for-sale |
2,214
|
2,059
|
|
| Other assets |
13,176
|
11,861
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
310
|
284
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
192,859
|
178,609
|
|
| Derivative liabilities |
305,700
|
301,200
|
|
| Derivative liabilities |
39,353
|
43,432
|
|
| Short-term borrowings |
6,245
|
4,690
|
|
| Long-term debt |
50,005
|
42,809
|
|
| U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
234,579
|
177,666
|
|
| Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
31,202
|
37,812
|
|
| Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
19,318
|
2,544
|
|
| Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
285
|
382
|
|
| Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
25,602
|
10,435
|
|
| Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
4,603
|
4,835
|
|
| Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
8,412
|
10,100
|
|
| Recurring |
|
|
|
| Assets |
|
|
|
| Time deposits placed and other short-term investments |
1,318
|
1,181
|
|
| Netting adjustments |
(377,377)
|
(303,287)
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
144,501
|
133,053
|
|
| Trading account assets |
314,460
|
277,354
|
|
| Netting adjustments |
(267,180)
|
(251,019)
|
|
| Derivative assets |
40,948
|
39,323
|
|
| Total AFS debt securities |
346,432
|
266,649
|
|
| Other debt securities carried at fair value |
12,175
|
10,203
|
|
| Loans and leases |
4,249
|
3,569
|
|
| Loans held-for-sale |
2,214
|
2,059
|
|
| Other assets |
13,176
|
11,861
|
|
| Total assets |
879,473
|
745,252
|
|
| Netting adjustments |
(644,557)
|
(554,306)
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
310
|
284
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
192,859
|
178,609
|
|
| Netting adjustments |
(377,377)
|
(303,287)
|
|
| Total trading account liabilities |
92,543
|
95,530
|
|
| Netting adjustments |
(266,334)
|
(257,767)
|
|
| Derivative liabilities |
39,353
|
43,432
|
|
| Short-term borrowings |
6,245
|
4,690
|
|
| Accrued expenses and other liabilities |
13,199
|
11,473
|
|
| Long-term debt |
50,005
|
42,809
|
|
| Total liabilities |
394,514
|
376,827
|
|
| Netting adjustments |
(643,711)
|
(561,054)
|
|
| Mortgage servicing rights |
$ 972
|
$ 970
|
|
| Level 3 recurring assets, as a percent of total assets |
0.31%
|
0.29%
|
|
| Level 3 recurring liabilities, as a percent of total liabilities |
0.21%
|
0.23%
|
|
| Recurring | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Trading account assets |
$ 70,522
|
$ 67,123
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
16,603
|
14,973
|
|
| Recurring | Corporate securities, trading loans and other |
|
|
|
| Assets |
|
|
|
| Trading account assets |
45,036
|
43,151
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
10,981
|
7,676
|
|
| Recurring | Equity securities |
|
|
|
| Assets |
|
|
|
| Trading account assets |
103,607
|
88,998
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
44,919
|
56,494
|
|
| Recurring | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
40,124
|
27,108
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
20,006
|
16,387
|
|
| Recurring | U.S. government-sponsored agency guaranteed |
|
|
|
| Assets |
|
|
|
| Trading account assets |
43,855
|
38,804
|
|
| Recurring | Mortgage trading loans, ABS and other MBS |
|
|
|
| Assets |
|
|
|
| Trading account assets |
11,316
|
12,170
|
|
| Recurring | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
234,579
|
177,666
|
|
| Other debt securities carried at fair value |
3,885
|
1,690
|
|
| Recurring | Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
31,202
|
37,812
|
|
| Recurring | Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
19,318
|
2,544
|
|
| Recurring | Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
285
|
382
|
|
| Other debt securities carried at fair value |
250
|
280
|
|
| Recurring | Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
25,602
|
10,435
|
|
| Recurring | Non-U.S. securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
22,431
|
22,875
|
|
| Recurring | Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
4,603
|
4,835
|
|
| Recurring | Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
8,412
|
10,100
|
|
| Recurring | Non-U.S. and other securities |
|
|
|
| Assets |
|
|
|
| Other debt securities carried at fair value |
8,040
|
8,233
|
|
| Recurring | Mortgage trading loans and ABS |
|
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
34
|
|
|
| Recurring | Securities segregated for compliance or deposited with clearing organizations |
|
|
|
| Assets |
|
|
|
| Trading account assets |
18,300
|
18,000
|
|
| Recurring | Commodities Investment |
|
|
|
| Assets |
|
|
|
| Trading account assets |
99
|
42
|
|
| Recurring | Level 1 |
|
|
|
| Assets |
|
|
|
| Time deposits placed and other short-term investments |
1,318
|
1,181
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
0
|
0
|
|
| Trading account assets |
136,382
|
118,108
|
|
| Derivative assets |
14,626
|
14,676
|
|
| Total AFS debt securities |
233,746
|
177,857
|
|
| Other debt securities carried at fair value |
4,739
|
3,476
|
|
| Loans and leases |
0
|
0
|
|
| Loans held-for-sale |
0
|
0
|
|
| Other assets |
8,279
|
8,052
|
|
| Total assets |
399,090
|
323,350
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
0
|
0
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
0
|
0
|
|
| Total trading account liabilities |
59,201
|
76,070
|
|
| Derivative liabilities |
15,354
|
14,375
|
|
| Short-term borrowings |
0
|
0
|
|
| Accrued expenses and other liabilities |
9,113
|
8,969
|
|
| Long-term debt |
0
|
0
|
|
| Total liabilities |
83,668
|
99,414
|
|
| Recurring | Level 1 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Trading account assets |
66,582
|
65,160
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
16,408
|
14,908
|
|
| Recurring | Level 1 | Corporate securities, trading loans and other |
|
|
|
| Assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
0
|
|
| Recurring | Level 1 | Equity securities |
|
|
|
| Assets |
|
|
|
| Trading account assets |
66,783
|
47,431
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
40,066
|
51,772
|
|
| Recurring | Level 1 | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
3,017
|
5,517
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
2,727
|
9,390
|
|
| Recurring | Level 1 | U.S. government-sponsored agency guaranteed |
|
|
|
| Assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Recurring | Level 1 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Recurring | Level 1 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
233,671
|
176,764
|
|
| Other debt securities carried at fair value |
3,885
|
1,690
|
|
| Recurring | Level 1 | Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 1 | Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 1 | Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Recurring | Level 1 | Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 1 | Non-U.S. securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
75
|
1,093
|
|
| Recurring | Level 1 | Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 1 | Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 1 | Non-U.S. and other securities |
|
|
|
| Assets |
|
|
|
| Other debt securities carried at fair value |
854
|
1,786
|
|
| Recurring | Level 1 | Mortgage trading loans and ABS |
|
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
|
|
| Recurring | Level 2 |
|
|
|
| Assets |
|
|
|
| Time deposits placed and other short-term investments |
0
|
0
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
521,878
|
436,340
|
|
| Trading account assets |
174,568
|
155,757
|
|
| Derivative assets |
289,940
|
272,244
|
|
| Total AFS debt securities |
112,075
|
88,416
|
|
| Other debt securities carried at fair value |
7,287
|
6,658
|
|
| Loans and leases |
4,167
|
3,476
|
|
| Loans held-for-sale |
2,082
|
1,895
|
|
| Other assets |
2,928
|
2,152
|
|
| Total assets |
1,114,925
|
966,938
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
310
|
284
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
570,236
|
481,896
|
|
| Total trading account liabilities |
33,222
|
19,409
|
|
| Derivative liabilities |
284,810
|
280,908
|
|
| Short-term borrowings |
6,245
|
4,680
|
|
| Accrued expenses and other liabilities |
3,997
|
2,483
|
|
| Long-term debt |
49,452
|
42,195
|
|
| Total liabilities |
948,272
|
831,855
|
|
| Recurring | Level 2 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Trading account assets |
3,940
|
1,963
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
195
|
65
|
|
| Recurring | Level 2 | Corporate securities, trading loans and other |
|
|
|
| Assets |
|
|
|
| Trading account assets |
43,222
|
41,462
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
10,871
|
7,637
|
|
| Recurring | Level 2 | Equity securities |
|
|
|
| Assets |
|
|
|
| Trading account assets |
36,450
|
41,380
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
4,843
|
4,710
|
|
| Recurring | Level 2 | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
36,763
|
21,195
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
17,279
|
6,997
|
|
| Recurring | Level 2 | U.S. government-sponsored agency guaranteed |
|
|
|
| Assets |
|
|
|
| Trading account assets |
43,850
|
38,802
|
|
| Recurring | Level 2 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Assets |
|
|
|
| Trading account assets |
10,343
|
10,955
|
|
| Recurring | Level 2 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
908
|
902
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Recurring | Level 2 | Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
31,202
|
37,812
|
|
| Recurring | Level 2 | Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
19,318
|
2,544
|
|
| Recurring | Level 2 | Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
38
|
109
|
|
| Other debt securities carried at fair value |
101
|
211
|
|
| Recurring | Level 2 | Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
25,274
|
10,435
|
|
| Recurring | Level 2 | Non-U.S. securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
22,320
|
21,679
|
|
| Recurring | Level 2 | Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
4,603
|
4,835
|
|
| Recurring | Level 2 | Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
8,412
|
10,100
|
|
| Recurring | Level 2 | Non-U.S. and other securities |
|
|
|
| Assets |
|
|
|
| Other debt securities carried at fair value |
7,186
|
6,447
|
|
| Recurring | Level 2 | Mortgage trading loans and ABS |
|
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
34
|
|
|
| Recurring | Level 3 |
|
|
|
| Assets |
|
|
|
| Time deposits placed and other short-term investments |
0
|
0
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
0
|
0
|
|
| Trading account assets |
3,510
|
3,489
|
|
| Derivative assets |
3,562
|
3,422
|
$ 3,200
|
| Total AFS debt securities |
611
|
376
|
|
| Other debt securities carried at fair value |
149
|
69
|
|
| Loans and leases |
82
|
93
|
|
| Loans held-for-sale |
132
|
164
|
|
| Other assets |
1,969
|
1,657
|
|
| Total assets |
10,015
|
9,270
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
0
|
0
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
0
|
0
|
|
| Total trading account liabilities |
120
|
51
|
|
| Derivative liabilities |
5,523
|
5,916
|
$ 6,100
|
| Short-term borrowings |
0
|
10
|
|
| Accrued expenses and other liabilities |
89
|
21
|
|
| Long-term debt |
553
|
614
|
|
| Total liabilities |
6,285
|
6,612
|
|
| Mortgage servicing rights |
972
|
970
|
|
| Recurring | Level 3 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Trading account assets |
0
|
0
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
0
|
|
| Recurring | Level 3 | Corporate securities, trading loans and other |
|
|
|
| Assets |
|
|
|
| Trading account assets |
1,814
|
1,689
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
110
|
39
|
|
| Recurring | Level 3 | Equity securities |
|
|
|
| Assets |
|
|
|
| Trading account assets |
374
|
187
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
10
|
12
|
|
| Recurring | Level 3 | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
344
|
396
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
0
|
|
| Recurring | Level 3 | U.S. government-sponsored agency guaranteed |
|
|
|
| Assets |
|
|
|
| Trading account assets |
5
|
2
|
|
| Recurring | Level 3 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Assets |
|
|
|
| Trading account assets |
973
|
1,215
|
|
| Recurring | Level 3 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Recurring | Level 3 | Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 3 | Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 3 | Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
247
|
273
|
|
| Other debt securities carried at fair value |
149
|
69
|
|
| Recurring | Level 3 | Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
328
|
0
|
|
| Recurring | Level 3 | Non-U.S. securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
36
|
103
|
|
| Recurring | Level 3 | Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 3 | Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
0
|
0
|
|
| Recurring | Level 3 | Non-U.S. and other securities |
|
|
|
| Assets |
|
|
|
| Other debt securities carried at fair value |
0
|
$ 0
|
|
| Recurring | Level 3 | Mortgage trading loans and ABS |
|
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
$ 0
|
|
|