Quarterly report pursuant to Section 13 or 15(d)

Net Interest Income and Noninterest Income (Details)

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Net Interest Income and Noninterest Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Interest income        
Loans and leases $ 7,123 $ 8,569 $ 14,357 $ 18,532
Debt securities 2,820 2,440 5,550 5,283
Federal funds sold and securities borrowed or purchased under agreements to resell (42) 26 (49) 845
Trading account assets 954 1,008 1,826 2,255
Other interest income 532 497 1,098 1,723
Total interest income 11,387 12,540 22,782 28,638
Interest expense        
Deposits 128 373 261 1,557
Short-term borrowings (85) (72) (164) 1,048
Trading account liabilities 293 223 539 552
Long-term debt 818 1,168 1,716 2,503
Total interest expense 1,154 1,692 2,352 5,660
Net interest income 10,233 10,848 20,430 22,978
Noninterest income        
Total fees and commissions 9,705 8,392 19,241 16,713
Market making and similar activities 1,826 2,487 5,355 5,294
Other income (298) 599 (739) 108
Total noninterest income 11,233 11,478 23,857 22,115
Rewards, rebates and compensation expense 1,700 1,200 3,100 2,700
Card income        
Noninterest income        
Card income and service charges 1,586 1,249 3,021 2,521
Interchange fees        
Noninterest income        
Card income and service charges 1,210 830 2,277 1,622
Other card income        
Noninterest income        
Card income and service charges 376 419 744 899
Card Income, Interchange Fees and Merchant Income        
Noninterest income        
Interchange fees, gross and merchant income 2,900 2,000 5,400 4,300
Service charges        
Noninterest income        
Card income and service charges 1,874 1,562 3,666 3,465
Deposit-related fees        
Noninterest income        
Card income and service charges 1,557 1,299 3,052 2,926
Lending-related fees        
Noninterest income        
Card income and service charges 317 263 614 539
Investment and brokerage services        
Noninterest income        
Investment and brokerage services 4,123 3,422 8,186 7,180
Asset management fees        
Noninterest income        
Investment and brokerage services 3,156 2,483 6,158 5,165
Brokerage fees        
Noninterest income        
Investment and brokerage services 967 939 2,028 2,015
Total investment banking fees        
Noninterest income        
Investment banking fees 2,122 2,159 4,368 3,547
Underwriting income        
Noninterest income        
Investment banking fees 1,314 1,523 2,860 2,371
Syndication fees        
Noninterest income        
Investment banking fees 401 230 701 501
Financial advisory services        
Noninterest income        
Investment banking fees $ 407 $ 406 $ 807 $ 675