Quarterly report pursuant to Section 13 or 15(d)

Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details)

v3.20.2
Securitizations and Other Variable Interest Entities - First Lien Mortgages VIE (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Jun. 30, 2019
On-balance sheet assets      
Trading account assets $ 226,465 $ 229,826  
Debt securities carried at fair value 202,912 256,467  
Held-to-maturity securities 268,967 215,730  
Other assets 129,513 129,690  
Total assets 2,741,688 2,434,079 $ 2,395,892
Loans and leases, net 998,944 983,426  
Total liabilities 2,476,051 2,169,269  
Commercial Mortgage      
On-balance sheet assets      
Debt securities carried at fair value 15,935    
Unconsolidated VIEs | Agency      
Variable Interest Entity [Line Items]      
Maximum loss exposure 15,177 12,554  
On-balance sheet assets      
Other assets 0 0  
Total assets 15,177 12,554  
Principal balance outstanding 154,300 160,226  
Unconsolidated VIEs | Agency | Senior Lien      
On-balance sheet assets      
Trading account assets 254 627  
Debt securities carried at fair value 9,089 6,392  
Held-to-maturity securities 5,834 5,535  
Unconsolidated VIEs | Non-agency | Prime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 307 340  
On-balance sheet assets      
Other assets 7 2  
Total assets 185 200  
Principal balance outstanding 7,022 7,268  
Unconsolidated VIEs | Non-agency | Prime | Senior Lien      
On-balance sheet assets      
Trading account assets 11 5  
Debt securities carried at fair value 167 193  
Held-to-maturity securities 0 0  
Unconsolidated VIEs | Non-agency | Subprime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,457 1,622  
On-balance sheet assets      
Other assets 30 49  
Total assets 1,129 1,281  
Principal balance outstanding 7,275 8,594  
Unconsolidated VIEs | Non-agency | Subprime | Senior Lien      
On-balance sheet assets      
Trading account assets 28 54  
Debt securities carried at fair value 1,071 1,178  
Held-to-maturity securities 0 0  
Unconsolidated VIEs | Non-agency | Alt-A      
Variable Interest Entity [Line Items]      
Maximum loss exposure 101 98  
On-balance sheet assets      
Other assets 1 2  
Total assets 101 98  
Principal balance outstanding 18,393 19,878  
Unconsolidated VIEs | Non-agency | Alt-A | Senior Lien      
On-balance sheet assets      
Trading account assets 35 24  
Debt securities carried at fair value 65 72  
Held-to-maturity securities 0 0  
Unconsolidated VIEs | Commercial Mortgage      
Variable Interest Entity [Line Items]      
Maximum loss exposure 1,084 1,036  
On-balance sheet assets      
Other assets 39 38  
Total assets 972 912  
Principal balance outstanding 55,693 60,129  
Unconsolidated VIEs | Commercial Mortgage | Senior Lien      
On-balance sheet assets      
Trading account assets 58 65  
Debt securities carried at fair value 0 0  
Held-to-maturity securities 875 809  
Consolidated VIEs      
On-balance sheet assets      
Trading account assets 4,390 5,811  
Other assets 563 540  
Total assets 28,616 44,381  
Total liabilities 7,622 10,915  
Consolidated VIEs | Agency      
Variable Interest Entity [Line Items]      
Maximum loss exposure 554 10,857  
On-balance sheet assets      
Trading account assets 554 780  
Other assets 0 161  
Total assets 554 10,858  
Loans and leases, net 0 9,917  
Total liabilities 0 4  
Consolidated VIEs | Non-agency | Prime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 5  
On-balance sheet assets      
Trading account assets 94 116  
Other assets 0 0  
Total assets 94 116  
Loans and leases, net 0 0  
Total liabilities 94 111  
Consolidated VIEs | Non-agency | Subprime      
Variable Interest Entity [Line Items]      
Maximum loss exposure 21 44  
On-balance sheet assets      
Trading account assets 214 149  
Other assets 0 0  
Total assets 214 149  
Loans and leases, net 0 0  
Total liabilities 193 105  
Consolidated VIEs | Non-agency | Alt-A      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 0  
On-balance sheet assets      
Trading account assets 0 0  
Other assets 0 0  
Total assets 0 0  
Loans and leases, net 0 0  
Total liabilities 0 0  
Consolidated VIEs | Commercial Mortgage      
Variable Interest Entity [Line Items]      
Maximum loss exposure 0 0  
On-balance sheet assets      
Trading account assets 0 0  
Other assets 0 0  
Total assets 0 0  
Loans and leases, net 0 0  
Total liabilities $ 0 $ 0