Fair Value Measurements - Recurring Fair Value (Details) - USD ($)
$ in Millions |
Jun. 30, 2025 |
Dec. 31, 2024 |
Jun. 30, 2024 |
| Assets |
|
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
$ 185,143
|
$ 144,501
|
|
| Trading account assets |
356,584
|
314,460
|
|
| Derivative assets |
314,400
|
308,100
|
|
| Derivative assets |
42,711
|
40,948
|
|
| Total AFS debt securities |
378,033
|
346,432
|
|
| Other debt securities carried at fair value |
10,897
|
12,175
|
|
| Loans and leases |
6,863
|
4,249
|
|
| Loans held-for-sale |
2,409
|
2,214
|
|
| Other assets |
9,871
|
13,176
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
991
|
310
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
241,847
|
192,859
|
|
| Derivative liabilities |
317,800
|
305,700
|
|
| Derivative liabilities |
41,693
|
39,353
|
|
| Short-term borrowings |
5,596
|
6,245
|
|
| Long-term debt |
62,638
|
50,005
|
|
| U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
261,158
|
234,579
|
|
| Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
29,214
|
31,202
|
|
| Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
18,797
|
19,318
|
|
| Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
277
|
285
|
|
| Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
30,917
|
25,602
|
|
| Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
3,227
|
4,603
|
|
| Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
8,021
|
8,412
|
|
| Recurring |
|
|
|
| Assets |
|
|
|
| Time deposits placed and other short-term investments |
1,593
|
1,318
|
|
| Netting adjustments |
(448,333)
|
(377,377)
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
185,143
|
144,501
|
|
| Trading account assets |
356,584
|
314,460
|
|
| Netting adjustments |
(271,709)
|
(267,180)
|
|
| Derivative assets |
42,711
|
40,948
|
|
| Total AFS debt securities |
378,033
|
346,432
|
|
| Other debt securities carried at fair value |
10,897
|
12,175
|
|
| Loans and leases |
6,863
|
4,249
|
|
| Loans held-for-sale |
2,409
|
2,214
|
|
| Other assets |
9,871
|
13,176
|
|
| Total assets |
994,104
|
879,473
|
|
| Netting adjustments |
(720,042)
|
(644,557)
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
991
|
310
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
241,847
|
192,859
|
|
| Netting adjustments |
(448,333)
|
(377,377)
|
|
| Total trading account liabilities |
107,426
|
92,543
|
|
| Netting adjustments |
(276,056)
|
(266,334)
|
|
| Derivative liabilities |
41,693
|
39,353
|
|
| Short-term borrowings |
5,596
|
6,245
|
|
| Accrued expenses and other liabilities |
9,064
|
13,199
|
|
| Long-term debt |
62,638
|
50,005
|
|
| Total liabilities |
469,255
|
394,514
|
|
| Netting adjustments |
(724,389)
|
(643,711)
|
|
| Mortgage servicing rights |
$ 942
|
$ 972
|
|
| Level 3 recurring assets, as a percent of total assets |
0.32%
|
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 |
$ 57,972
|
$ 70,522
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
11,842
|
16,603
|
|
| Recurring | Corporate securities, trading loans and other |
|
|
|
| Assets |
|
|
|
| Trading account assets |
54,080
|
45,036
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
12,892
|
10,981
|
|
| Recurring | Equity securities |
|
|
|
| Assets |
|
|
|
| Trading account assets |
116,285
|
103,607
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
58,945
|
44,919
|
|
| Recurring | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
59,091
|
40,124
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
23,681
|
20,006
|
|
| Recurring | U.S. government-sponsored agency guaranteed |
|
|
|
| Assets |
|
|
|
| Trading account assets |
59,953
|
43,855
|
|
| Recurring | Mortgage trading loans, ABS and other MBS |
|
|
|
| Assets |
|
|
|
| Trading account assets |
9,203
|
11,316
|
|
| Recurring | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
261,158
|
234,579
|
|
| Other debt securities carried at fair value |
1,770
|
3,885
|
|
| Recurring | Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
29,214
|
31,202
|
|
| Recurring | Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
18,797
|
19,318
|
|
| Recurring | Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
277
|
285
|
|
| Other debt securities carried at fair value |
254
|
250
|
|
| Recurring | Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
30,917
|
25,602
|
|
| Recurring | Non-U.S. securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
26,422
|
22,431
|
|
| Recurring | Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
3,227
|
4,603
|
|
| Recurring | Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
8,021
|
8,412
|
|
| Recurring | Non-U.S. and other securities |
|
|
|
| Assets |
|
|
|
| Other debt securities carried at fair value |
8,873
|
8,040
|
|
| Recurring | Mortgage trading loans and ABS |
|
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
66
|
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 |
313
|
99
|
|
| Recurring | Level 1 |
|
|
|
| Assets |
|
|
|
| Time deposits placed and other short-term investments |
1,593
|
1,318
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
0
|
0
|
|
| Trading account assets |
145,046
|
136,382
|
|
| Derivative assets |
21,171
|
14,626
|
|
| Total AFS debt securities |
260,723
|
233,746
|
|
| Other debt securities carried at fair value |
2,415
|
4,739
|
|
| Loans and leases |
0
|
0
|
|
| Loans held-for-sale |
0
|
0
|
|
| Other assets |
5,345
|
8,279
|
|
| Total assets |
436,293
|
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 |
75,042
|
59,201
|
|
| Derivative liabilities |
21,732
|
15,354
|
|
| Short-term borrowings |
0
|
0
|
|
| Accrued expenses and other liabilities |
7,048
|
9,113
|
|
| Long-term debt |
0
|
0
|
|
| Total liabilities |
103,822
|
83,668
|
|
| Recurring | Level 1 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Trading account assets |
54,639
|
66,582
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
11,782
|
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 |
77,851
|
66,783
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
53,560
|
40,066
|
|
| Recurring | Level 1 | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
12,556
|
3,017
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
9,700
|
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 |
260,300
|
233,671
|
|
| Other debt securities carried at fair value |
1,770
|
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 |
423
|
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 |
645
|
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 |
0
|
0
|
|
| Federal funds sold and securities borrowed or purchased under agreements to resell |
633,476
|
521,878
|
|
| Trading account assets |
207,815
|
174,568
|
|
| Derivative assets |
289,032
|
289,940
|
|
| Total AFS debt securities |
116,441
|
112,075
|
|
| Other debt securities carried at fair value |
8,439
|
7,287
|
|
| Loans and leases |
6,763
|
4,167
|
|
| Loans held-for-sale |
2,312
|
2,082
|
|
| Other assets |
2,584
|
2,928
|
|
| Total assets |
1,266,862
|
1,114,925
|
|
| Liabilities |
|
|
|
| Interest-bearing deposits in U.S. offices |
991
|
310
|
|
| Federal funds purchased and securities loaned or sold under agreements to repurchase |
690,180
|
570,236
|
|
| Total trading account liabilities |
32,287
|
33,222
|
|
| Derivative liabilities |
290,613
|
284,810
|
|
| Short-term borrowings |
5,596
|
6,245
|
|
| Accrued expenses and other liabilities |
2,010
|
3,997
|
|
| Long-term debt |
62,167
|
49,452
|
|
| Total liabilities |
1,083,844
|
948,272
|
|
| Recurring | Level 2 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Trading account assets |
3,333
|
3,940
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
60
|
195
|
|
| Recurring | Level 2 | Corporate securities, trading loans and other |
|
|
|
| Assets |
|
|
|
| Trading account assets |
51,928
|
43,222
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
12,802
|
10,871
|
|
| Recurring | Level 2 | Equity securities |
|
|
|
| Assets |
|
|
|
| Trading account assets |
38,032
|
36,450
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
5,378
|
4,843
|
|
| Recurring | Level 2 | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
46,282
|
36,763
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
13,981
|
17,279
|
|
| Recurring | Level 2 | U.S. government-sponsored agency guaranteed |
|
|
|
| Assets |
|
|
|
| Trading account assets |
59,948
|
43,850
|
|
| Recurring | Level 2 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Assets |
|
|
|
| Trading account assets |
8,292
|
10,343
|
|
| Recurring | Level 2 | U.S. Treasury and government agencies |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
858
|
908
|
|
| Other debt securities carried at fair value |
0
|
0
|
|
| Recurring | Level 2 | Agency |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
29,214
|
31,202
|
|
| Recurring | Level 2 | Agency-collateralized mortgage obligations |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
18,797
|
19,318
|
|
| Recurring | Level 2 | Non-agency residential |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
274
|
38
|
|
| Other debt securities carried at fair value |
211
|
101
|
|
| Recurring | Level 2 | Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
30,445
|
25,274
|
|
| Recurring | Level 2 | Non-U.S. securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
25,605
|
22,320
|
|
| Recurring | Level 2 | Other taxable securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
3,227
|
4,603
|
|
| Recurring | Level 2 | Tax-exempt securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
8,021
|
8,412
|
|
| Recurring | Level 2 | Non-U.S. and other securities |
|
|
|
| Assets |
|
|
|
| Other debt securities carried at fair value |
8,228
|
7,186
|
|
| Recurring | Level 2 | Mortgage trading loans and ABS |
|
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
66
|
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 |
3,723
|
3,510
|
|
| Derivative assets |
4,217
|
3,562
|
$ 3,900
|
| Total AFS debt securities |
869
|
611
|
|
| Other debt securities carried at fair value |
43
|
149
|
|
| Loans and leases |
100
|
82
|
|
| Loans held-for-sale |
97
|
132
|
|
| Other assets |
1,942
|
1,969
|
|
| Total assets |
10,991
|
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 |
97
|
120
|
|
| Derivative liabilities |
5,404
|
5,523
|
$ 6,300
|
| Short-term borrowings |
0
|
0
|
|
| Accrued expenses and other liabilities |
6
|
89
|
|
| Long-term debt |
471
|
553
|
|
| Total liabilities |
5,978
|
6,285
|
|
| Mortgage servicing rights |
942
|
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 |
2,152
|
1,814
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
90
|
110
|
|
| Recurring | Level 3 | Equity securities |
|
|
|
| Assets |
|
|
|
| Trading account assets |
402
|
374
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
7
|
10
|
|
| Recurring | Level 3 | Non-U.S. sovereign debt |
|
|
|
| Assets |
|
|
|
| Trading account assets |
253
|
344
|
|
| Liabilities |
|
|
|
| Total trading account liabilities |
0
|
0
|
|
| Recurring | Level 3 | U.S. government-sponsored agency guaranteed |
|
|
|
| Assets |
|
|
|
| Trading account assets |
5
|
5
|
|
| Recurring | Level 3 | Mortgage trading loans, ABS and other MBS |
|
|
|
| Assets |
|
|
|
| Trading account assets |
911
|
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 |
3
|
247
|
|
| Other debt securities carried at fair value |
43
|
149
|
|
| Recurring | Level 3 | Commercial |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
472
|
328
|
|
| Recurring | Level 3 | Non-U.S. securities |
|
|
|
| Assets |
|
|
|
| Total AFS debt securities |
394
|
36
|
|
| 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
|
$ 0
|
|