Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements - Recurring Fair Value (Details)

v3.25.1
Fair Value Measurements - Recurring Fair Value (Details) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Assets      
Federal funds sold and securities borrowed or purchased under agreements to resell $ 181,232 $ 144,501  
Trading account assets 339,614 314,460  
Derivative assets 273,400 308,100  
Derivative assets 36,206 40,948  
Total AFS debt securities 376,249 346,432  
Other debt securities carried at fair value 12,310 12,175  
Loans and leases 5,386 4,249  
Loans held-for-sale 2,672 2,214  
Other assets 9,952 13,176  
Liabilities      
Interest-bearing deposits in U.S. offices 403 310  
Federal funds purchased and securities loaned or sold under agreements to repurchase 222,734 192,859  
Derivative liabilities 273,900 305,700  
Derivative liabilities 35,365 39,353  
Short-term borrowings 6,534 6,245  
Long-term debt 54,545 50,005  
U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 259,845 234,579  
Agency      
Assets      
Total AFS debt securities 30,568 31,202  
Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 20,533 19,318  
Non-agency residential      
Assets      
Total AFS debt securities 282 285  
Commercial      
Assets      
Total AFS debt securities 29,650 25,602  
Other taxable securities      
Assets      
Total AFS debt securities 2,997 4,603  
Tax-exempt securities      
Assets      
Total AFS debt securities 8,410 8,412  
Recurring      
Assets      
Time deposits placed and other short-term investments 1,473 1,318  
Netting adjustments (371,619) (377,377)  
Federal funds sold and securities borrowed or purchased under agreements to resell 181,232 144,501  
Trading account assets 339,614 314,460  
Netting adjustments (237,179) (267,180)  
Derivative assets 36,206 40,948  
Total AFS debt securities 376,249 346,432  
Other debt securities carried at fair value 12,310 12,175  
Loans and leases 5,386 4,249  
Loans held-for-sale 2,672 2,214  
Other assets 9,952 13,176  
Total assets 965,094 879,473  
Netting adjustments (608,798) (644,557)  
Liabilities      
Interest-bearing deposits in U.S. offices 403 310  
Federal funds purchased and securities loaned or sold under agreements to repurchase 222,734 192,859  
Netting adjustments (371,619) (377,377)  
Total trading account liabilities 105,470 92,543  
Netting adjustments (238,516) (266,334)  
Derivative liabilities 35,365 39,353  
Short-term borrowings 6,534 6,245  
Accrued expenses and other liabilities 9,061 13,199  
Long-term debt 54,545 50,005  
Total liabilities 434,112 394,514  
Netting adjustments (610,135) (643,711)  
Mortgage servicing rights $ 923 $ 972  
Level 3 recurring assets, as a percent of total assets 0.30% 0.31%  
Level 3 recurring liabilities, as a percent of total liabilities 0.19% 0.21%  
Recurring | U.S. Treasury and government agencies      
Assets      
Trading account assets $ 62,959 $ 70,522  
Liabilities      
Total trading account liabilities 10,752 16,603  
Recurring | Corporate securities, trading loans and other      
Assets      
Trading account assets 57,363 45,036  
Liabilities      
Total trading account liabilities 13,489 10,981  
Recurring | Equity securities      
Assets      
Trading account assets 110,131 103,607  
Liabilities      
Total trading account liabilities 57,121 44,919  
Recurring | Non-U.S. sovereign debt      
Assets      
Trading account assets 55,932 40,124  
Liabilities      
Total trading account liabilities 24,102 20,006  
Recurring | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 44,215 43,855  
Recurring | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 9,014 11,316  
Recurring | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 259,845 234,579  
Other debt securities carried at fair value 3,488 3,885  
Recurring | Agency      
Assets      
Total AFS debt securities 30,568 31,202  
Recurring | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 20,533 19,318  
Recurring | Non-agency residential      
Assets      
Total AFS debt securities 282 285  
Other debt securities carried at fair value 249 250  
Recurring | Commercial      
Assets      
Total AFS debt securities 29,650 25,602  
Recurring | Non-U.S. securities      
Assets      
Total AFS debt securities 23,964 22,431  
Recurring | Other taxable securities      
Assets      
Total AFS debt securities 2,997 4,603  
Recurring | Tax-exempt securities      
Assets      
Total AFS debt securities 8,410 8,412  
Recurring | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 8,573 8,040  
Recurring | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 6 34  
Recurring | Securities segregated for compliance or deposited with clearing organizations      
Assets      
Trading account assets 11,300 18,300  
Recurring | Commodities Investment      
Assets      
Trading account assets 171 99  
Recurring | Level 1      
Assets      
Time deposits placed and other short-term investments 974 1,318  
Federal funds sold and securities borrowed or purchased under agreements to resell 0 0  
Trading account assets 150,885 136,382  
Derivative assets 16,703 14,626  
Total AFS debt securities 258,934 233,746  
Other debt securities carried at fair value 4,358 4,739  
Loans and leases 0 0  
Loans held-for-sale 0 0  
Other assets 5,468 8,279  
Total assets 437,322 399,090  
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 73,809 59,201  
Derivative liabilities 16,490 15,354  
Short-term borrowings 0 0  
Accrued expenses and other liabilities 6,633 9,113  
Long-term debt 0 0  
Total liabilities 96,932 83,668  
Recurring | Level 1 | U.S. Treasury and government agencies      
Assets      
Trading account assets 62,918 66,582  
Liabilities      
Total trading account liabilities 10,585 16,408  
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 75,882 66,783  
Liabilities      
Total trading account liabilities 52,700 40,066  
Recurring | Level 1 | Non-U.S. sovereign debt      
Assets      
Trading account assets 12,085 3,017  
Liabilities      
Total trading account liabilities 10,524 2,727  
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 258,922 233,671  
Other debt securities carried at fair value 3,488 3,885  
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 12 75  
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 870 854  
Recurring | Level 1 | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 2      
Assets      
Time deposits placed and other short-term investments 499 0  
Federal funds sold and securities borrowed or purchased under agreements to resell 552,851 521,878  
Trading account assets 185,252 174,568  
Derivative assets 253,215 289,940  
Total AFS debt securities 116,305 112,075  
Other debt securities carried at fair value 7,901 7,287  
Loans and leases 5,261 4,167  
Loans held-for-sale 2,549 2,082  
Other assets 2,525 2,928  
Total assets 1,126,358 1,114,925  
Liabilities      
Interest-bearing deposits in U.S. offices 403 310  
Federal funds purchased and securities loaned or sold under agreements to repurchase 594,353 570,236  
Total trading account liabilities 31,508 33,222  
Derivative liabilities 252,394 284,810  
Short-term borrowings 6,534 6,245  
Accrued expenses and other liabilities 2,334 3,997  
Long-term debt 54,102 49,452  
Total liabilities 941,628 948,272  
Recurring | Level 2 | U.S. Treasury and government agencies      
Assets      
Trading account assets 41 3,940  
Liabilities      
Total trading account liabilities 167 195  
Recurring | Level 2 | Corporate securities, trading loans and other      
Assets      
Trading account assets 55,450 43,222  
Liabilities      
Total trading account liabilities 13,341 10,871  
Recurring | Level 2 | Equity securities      
Assets      
Trading account assets 33,914 36,450  
Liabilities      
Total trading account liabilities 4,416 4,843  
Recurring | Level 2 | Non-U.S. sovereign debt      
Assets      
Trading account assets 43,605 36,763  
Liabilities      
Total trading account liabilities 13,578 17,279  
Recurring | Level 2 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 44,211 43,850  
Recurring | Level 2 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 8,031 10,343  
Recurring | Level 2 | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 923 908  
Other debt securities carried at fair value 0 0  
Recurring | Level 2 | Agency      
Assets      
Total AFS debt securities 30,568 31,202  
Recurring | Level 2 | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 20,533 19,318  
Recurring | Level 2 | Non-agency residential      
Assets      
Total AFS debt securities 275 38  
Other debt securities carried at fair value 198 101  
Recurring | Level 2 | Commercial      
Assets      
Total AFS debt securities 29,186 25,274  
Recurring | Level 2 | Non-U.S. securities      
Assets      
Total AFS debt securities 23,551 22,320  
Recurring | Level 2 | Other taxable securities      
Assets      
Total AFS debt securities 2,859 4,603  
Recurring | Level 2 | Tax-exempt securities      
Assets      
Total AFS debt securities 8,410 8,412  
Recurring | Level 2 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 7,703 7,186  
Recurring | Level 2 | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 6 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 3,477 3,510  
Derivative assets 3,467 3,562 $ 3,800
Total AFS debt securities 1,010 611  
Other debt securities carried at fair value 51 149  
Loans and leases 125 82  
Loans held-for-sale 123 132  
Other assets 1,959 1,969  
Total assets 10,212 10,015  
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 153 120  
Derivative liabilities 4,997 5,523 $ 6,500
Short-term borrowings 0 0  
Accrued expenses and other liabilities 94 89  
Long-term debt 443 553  
Total liabilities 5,687 6,285  
Mortgage servicing rights 923 972  
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 1,913 1,814  
Liabilities      
Total trading account liabilities 148 110  
Recurring | Level 3 | Equity securities      
Assets      
Trading account assets 335 374  
Liabilities      
Total trading account liabilities 5 10  
Recurring | Level 3 | Non-U.S. sovereign debt      
Assets      
Trading account assets 242 344  
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 3 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 4 5  
Recurring | Level 3 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 983 973  
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 7 247  
Other debt securities carried at fair value 51 149  
Recurring | Level 3 | Commercial      
Assets      
Total AFS debt securities 464 328  
Recurring | Level 3 | Non-U.S. securities      
Assets      
Total AFS debt securities 401 36  
Recurring | Level 3 | Other taxable securities      
Assets      
Total AFS debt securities 138 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 $ 0