Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements - Recurring Fair Value (Details)

v3.20.1
Fair Value Measurements - Recurring Fair Value (Details) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Mar. 31, 2019
Assets      
Federal funds sold and securities borrowed or purchased under agreements to resell $ 49,033 $ 50,364  
Trading account assets 193,323 229,826  
Derivative assets, gross 526,300 344,800  
Derivative assets 57,654 40,485  
Total available-for-sale debt securities 206,221 245,639  
Other debt securities carried at fair value 14,883 10,828  
Loans and leases 9,016 8,335  
Loans held-for-sale 3,609 3,709  
Other assets 6,789 15,518  
Liabilities      
Interest-bearing deposits in U.S. offices 589 508  
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 17,192 16,008  
Derivative liabilities, gross 510,600 337,100  
Derivative liabilities 54,658 38,229  
Short-term borrowings 3,020 3,941  
Long-term debt 32,163 34,975  
U.S. Treasury and agency securities      
Assets      
Total available-for-sale debt securities 68,696 68,528  
Agency      
Assets      
Total available-for-sale debt securities 79,461 122,528  
Agency-collateralized mortgage obligations      
Assets      
Total available-for-sale debt securities 4,551 4,641  
Non-agency residential      
Assets      
Total available-for-sale debt securities 932 1,077  
Commercial      
Assets      
Total available-for-sale debt securities 15,602 15,021  
Other taxable securities      
Assets      
Total available-for-sale debt securities 5,892 3,941  
Tax-exempt securities      
Assets      
Total available-for-sale debt securities 18,840 17,912  
Recurring      
Assets      
Time deposits placed and other short-term investments 1,084 1,000  
Federal funds sold and securities borrowed or purchased under agreements to resell 49,033 50,364  
Trading account assets 193,323 229,826  
Netting adjustments (468,567) (304,262)  
Derivative assets 57,654 40,485  
Total available-for-sale debt securities 206,221 245,639  
Other debt securities carried at fair value 14,883 10,828  
Loans and leases 9,016 8,335  
Loans held-for-sale 3,609 3,709  
Other assets 6,789 15,518  
Total assets 541,612 605,704  
Liabilities      
Interest-bearing deposits in U.S. offices 589 508  
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 17,192 16,008  
Total trading account liabilities 77,151 83,270  
Netting adjustment (455,898) (298,918)  
Derivative liabilities 54,658 38,229  
Short-term borrowings 3,020 3,941  
Accrued expenses and other liabilities 6,825 15,434  
Long-term debt 32,163 34,975  
Total liabilities 191,598 192,365  
Mortgage servicing rights $ 1,200 $ 1,500  
Level 3 recurring assets, as a percent of total assets 0.39% 0.42%  
Level 3 recurring liabilities, as a percent of total liabilities 0.23% 0.27%  
Recurring | U.S. Treasury and agency securities      
Assets      
Trading account assets $ 41,818 $ 53,674  
Liabilities      
Total trading account liabilities 12,677 13,422  
Recurring | Corporate securities, trading loans and other      
Assets      
Trading account assets 29,144 26,733  
Liabilities      
Total trading account liabilities 5,459 5,493  
Recurring | Equity securities      
Assets      
Trading account assets 67,189 86,455  
Liabilities      
Total trading account liabilities 42,155 42,294  
Recurring | Non-U.S. sovereign debt      
Assets      
Trading account assets 30,774 28,301  
Liabilities      
Total trading account liabilities 16,860 22,061  
Recurring | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 14,605 24,324  
Recurring | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 9,793 10,339  
Recurring | U.S. Treasury and agency securities      
Assets      
Total available-for-sale debt securities 68,696 68,528  
Other debt securities carried at fair value 4 3  
Recurring | Agency      
Assets      
Total available-for-sale debt securities 79,461 122,528  
Other debt securities carried at fair value 6,089 3,003  
Recurring | Agency-collateralized mortgage obligations      
Assets      
Total available-for-sale debt securities 4,551 4,641  
Recurring | Non-agency residential      
Assets      
Total available-for-sale debt securities 932 1,077  
Other debt securities carried at fair value 1,122 1,334  
Recurring | Commercial      
Assets      
Total available-for-sale debt securities 15,602 15,021  
Recurring | Non-U.S. securities      
Assets      
Total available-for-sale debt securities 12,247 11,991  
Recurring | Other taxable securities      
Assets      
Total available-for-sale debt securities 5,892 3,941  
Recurring | Tax-exempt securities      
Assets      
Total available-for-sale debt securities 18,840 17,912  
Recurring | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 7,668 6,488  
Recurring | US Government-sponsored enterprises debt securities      
Assets      
Trading account assets 16,000 26,700  
Recurring | Securities gegregated for compliance or deposited with clearing organizations      
Assets      
Trading account assets 11,000 14,700  
Recurring | Level 1      
Assets      
Time deposits placed and other short-term investments 1,084 1,000  
Federal funds sold and securities borrowed or purchased under agreements to resell 0 0  
Trading account assets 87,003 107,079  
Derivative assets, gross 26,134 14,079  
Total available-for-sale debt securities 67,764 67,332  
Other debt securities carried at fair value 3,689 403  
Loans and leases 0 0  
Loans held-for-sale 0 0  
Other assets 3,864 11,782  
Total assets 189,538 201,675  
Liabilities      
Interest-bearing deposits in U.S. offices 0 0  
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 0 0  
Total trading account liabilities 55,994 62,039  
Derivative liabilities, gross 25,638 11,904  
Short-term borrowings 0 0  
Accrued expenses and other liabilities 5,541 13,927  
Long-term debt 0 0  
Total liabilities 87,173 87,870  
Recurring | Level 1 | U.S. Treasury and agency securities      
Assets      
Trading account assets 37,646 49,517  
Liabilities      
Total trading account liabilities 12,276 13,140  
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 41,486 53,597  
Liabilities      
Total trading account liabilities 36,692 38,148  
Recurring | Level 1 | Non-U.S. sovereign debt      
Assets      
Trading account assets 7,871 3,965  
Liabilities      
Total trading account liabilities 7,026 10,751  
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 agency securities      
Assets      
Total available-for-sale debt securities 67,763 67,332  
Other debt securities carried at fair value 4 3  
Recurring | Level 1 | Agency      
Assets      
Total available-for-sale debt securities 0 0  
Other debt securities carried at fair value 0 0  
Recurring | Level 1 | Agency-collateralized mortgage obligations      
Assets      
Total available-for-sale debt securities 0 0  
Recurring | Level 1 | Non-agency residential      
Assets      
Total available-for-sale debt securities 0 0  
Other debt securities carried at fair value 0 0  
Recurring | Level 1 | Commercial      
Assets      
Total available-for-sale debt securities 0 0  
Recurring | Level 1 | Non-U.S. securities      
Assets      
Total available-for-sale debt securities 1 0  
Recurring | Level 1 | Other taxable securities      
Assets      
Total available-for-sale debt securities 0 0  
Recurring | Level 1 | Tax-exempt securities      
Assets      
Total available-for-sale debt securities 0 0  
Recurring | Level 1 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 3,685 400  
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 49,033 50,364  
Trading account assets 102,448 118,966  
Derivative assets, gross 498,231 328,442  
Total available-for-sale debt securities 137,764 177,708  
Other debt securities carried at fair value 10,925 10,126  
Loans and leases 8,458 7,642  
Loans held-for-sale 2,532 3,334  
Other assets 965 1,376  
Total assets 810,356 697,958  
Liabilities      
Interest-bearing deposits in U.S. offices 589 508  
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 17,192 16,008  
Total trading account liabilities 21,136 21,214  
Derivative liabilities, gross 480,153 320,479  
Short-term borrowings 3,020 3,941  
Accrued expenses and other liabilities 1,284 1,507  
Long-term debt 31,442 33,826  
Total liabilities 554,816 397,483  
Recurring | Level 2 | U.S. Treasury and agency securities      
Assets      
Trading account assets 4,172 4,157  
Liabilities      
Total trading account liabilities 401 282  
Recurring | Level 2 | Corporate securities, trading loans and other      
Assets      
Trading account assets 27,504 25,226  
Liabilities      
Total trading account liabilities 5,439 5,478  
Recurring | Level 2 | Equity securities      
Assets      
Trading account assets 25,454 32,619  
Liabilities      
Total trading account liabilities 5,462 4,144  
Recurring | Level 2 | Non-U.S. sovereign debt      
Assets      
Trading account assets 22,653 23,854  
Liabilities      
Total trading account liabilities 9,834 11,310  
Recurring | Level 2 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 14,605 24,324  
Recurring | Level 2 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 8,060 8,786  
Recurring | Level 2 | U.S. Treasury and agency securities      
Assets      
Total available-for-sale debt securities 933 1,196  
Other debt securities carried at fair value 0 0  
Recurring | Level 2 | Agency      
Assets      
Total available-for-sale debt securities 79,461 122,528  
Other debt securities carried at fair value 6,089 3,003  
Recurring | Level 2 | Agency-collateralized mortgage obligations      
Assets      
Total available-for-sale debt securities 4,551 4,641  
Recurring | Level 2 | Non-agency residential      
Assets      
Total available-for-sale debt securities 408 653  
Other debt securities carried at fair value 853 1,035  
Recurring | Level 2 | Commercial      
Assets      
Total available-for-sale debt securities 15,602 15,021  
Recurring | Level 2 | Non-U.S. securities      
Assets      
Total available-for-sale debt securities 12,245 11,989  
Recurring | Level 2 | Other taxable securities      
Assets      
Total available-for-sale debt securities 5,824 3,876  
Recurring | Level 2 | Tax-exempt securities      
Assets      
Total available-for-sale debt securities 18,740 17,804  
Recurring | Level 2 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 3,983 6,088  
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 3,872 3,781  
Derivative assets, gross 1,856 2,226 $ 3,500
Total available-for-sale debt securities 693 599  
Other debt securities carried at fair value 269 299  
Loans and leases 558 693  
Loans held-for-sale 1,077 375  
Other assets 1,960 2,360  
Total assets 10,285 10,333  
Liabilities      
Interest-bearing deposits in U.S. offices 0 0  
Federal funds purchased and securities loaned or sold under agreements to repurchase, measured at fair value 0 0  
Total trading account liabilities 21 17  
Derivative liabilities, gross 4,765 4,764 $ 4,500
Short-term borrowings 0 0  
Accrued expenses and other liabilities 0 0  
Long-term debt 721 1,149  
Total liabilities 5,507 5,930  
Mortgage servicing rights 1,164 1,545  
Recurring | Level 3 | U.S. Treasury and agency securities      
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 1,640 1,507  
Liabilities      
Total trading account liabilities 20 15  
Recurring | Level 3 | Equity securities      
Assets      
Trading account assets 249 239  
Liabilities      
Total trading account liabilities 1 2  
Recurring | Level 3 | Non-U.S. sovereign debt      
Assets      
Trading account assets 250 482  
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 3 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 0 0  
Recurring | Level 3 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 1,733 1,553  
Recurring | Level 3 | U.S. Treasury and agency securities      
Assets      
Total available-for-sale debt securities 0 0  
Other debt securities carried at fair value 0 0  
Recurring | Level 3 | Agency      
Assets      
Total available-for-sale debt securities 0 0  
Other debt securities carried at fair value 0 0  
Recurring | Level 3 | Agency-collateralized mortgage obligations      
Assets      
Total available-for-sale debt securities 0 0  
Recurring | Level 3 | Non-agency residential      
Assets      
Total available-for-sale debt securities 524 424  
Other debt securities carried at fair value 269 299  
Recurring | Level 3 | Commercial      
Assets      
Total available-for-sale debt securities 0 0  
Recurring | Level 3 | Non-U.S. securities      
Assets      
Total available-for-sale debt securities 1 2  
Recurring | Level 3 | Other taxable securities      
Assets      
Total available-for-sale debt securities 68 65  
Recurring | Level 3 | Tax-exempt securities      
Assets      
Total available-for-sale debt securities 100 108  
Recurring | Level 3 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value $ 0 $ 0