DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of notional and fair values of derivatives

The following table presents the total notional and fair values of the Company’s derivatives as of December 31, 2016 and 2015:

($ in thousands)	December 31, 2016						December 31, 2015
	Notional Amount		Fair Value				Notional Amount		Fair Value
			Derivative Assets (1)		Derivative Liabilities (1)				Derivative Assets (1)		Derivative Liabilities (1)
Derivatives designated as hedging   instruments:
Interest rate swaps on certificates of deposit	$	48,365	$	—	$	5,976	$	112,913	$	—	$	5,213
Foreign currency forward contracts	83,026		4,325		—		86,590		2,365		—
Total derivatives designated as hedging instruments	$	131,391	$	4,325	$	5,976	$	199,503	$	2,365	$	5,213
Derivatives not designated as hedging   instruments:
Interest rate swaps and options	$	7,668,482	$	67,578	$	65,131	$	6,494,900	$	67,215	$	67,325
Foreign exchange contracts	767,764		11,874		11,213		652,993		10,254		9,350
RPAs	71,414		3		3		43,033		—		4
Total derivatives not designated as hedging instruments	$	8,507,660	$	79,455	$	76,347	$	7,190,926	$	77,469	$	76,679

(1) Derivative assets and derivative liabilities are included in Other Assets and Accrued expenses and other liabilities, respectively, on the Consolidated Balance Sheets.

Schedule of net gains (losses) recognized on the Consolidated Statements of Income related to derivatives designated as fair value hedge

The following table presents the net gains (losses) recognized on the Consolidated Statements of Income related to derivatives designated as fair value hedges for the years ended December 31, 2016, 2015 and 2014:

($ in thousands)	Year Ended December 31,
	2016			2015			2014
(Losses) gains recorded in interest expense:
Recognized on interest rate swaps	$	(794	)	$	3,452		$	6,885
Recognized on certificates of deposit	157			(3,190		)	(6,784		)
Net amount recognized on fair value hedges (ineffective portion)	$	(637	)	$	262		$	101

Schedule of gains (losses) related to net investment hedges in accumulated other comprehensive income (loss) and Consolidated Statements of Income

The following table presents the gains recorded in the Foreign currency translation adjustment account within AOCI related to the effective portion of the net investment hedges and the ineffectiveness recorded on the Consolidated Statements of Income for the years ended December 31, 2016, 2015 and 2014:

($ in thousands)	Year Ended December 31,
	2016		2015		2014
Gains recognized in AOCI on net investment hedges (effective portion)	$	2,908	$	1,485	$	—
Gains recognized in foreign exchange income (ineffective portion)	$	1,124	$	880	$	—

Schedule of net gains (losses) recognized on the Consolidated Statements of Income related to derivatives not designated as hedging instruments

The following table presents the net gains (losses) recognized on the Company’s Consolidated Statements of Income related to derivatives not designated as hedging instruments for the years ended December 31, 2016, 2015 and 2014:

($ in thousands)	Location in Consolidated Statements of Income	Year Ended December 31,
		2016		2015			2014
Derivatives not designated as hedging instruments:
Interest rate swaps and options	Derivative fees and other income	$	2,557	$	65		$	(1,865	)
Foreign exchange contracts	Foreign exchange income	12,632		4,235			(3,880		)
Foreign exchange options	Foreign exchange income	—		236			103
Embedded derivative liabilities	Other operating expense	—		(136		)	5
Total net gains (losses)		$	15,189	$	4,400		$	(5,637	)

Schedule of gross derivatives on the Consolidated Balance Sheets and the respective collateral received or pledged in the form of other financial instruments

The following tables present gross derivatives on the Consolidated Balance Sheets and the respective collateral received or pledged in the form of other financial instruments, which are generally marketable securities and/or cash. The collateral amounts in these tables are limited to the outstanding balances of the related asset or liability (after netting is applied); thus instances of overcollateralization are not shown:

($ in thousands)	As of December 31, 2016
	Total		Contracts Not Subject to Master Netting Arrangements		Contracts Subject to Master Netting Arrangements
	Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts Offset on the Consolidated Balance Sheets		Net Amounts Presented on the Consolidated Balance Sheets		Gross Amounts Not Offset on the Consolidated Balance Sheets								Net Amount
											Derivative Amounts				Collateral Received
Derivative Assets	$	83,780	$	51,218	$	32,562	$	—	$	32,562	$	(20,991	)	(1)	$	(10,687	)	(2)	$	884
	Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts Offset on the Consolidated Balance Sheets		Net Amounts Presented on the Consolidated Balance Sheets		Gross Amounts Not Offset on the Consolidated Balance Sheets								Net Amount
											Derivative Amounts				Collateral  Posted
Derivative Liabilities	$	82,323	$	24,097	$	58,226	$	—	$	58,226	$	(20,991	)	(1)	$	(36,349	)	(3)	$	886

($ in thousands)	As of December 31, 2015
	Total		Contracts Not Subject to Master Netting Arrangements		Contracts Subject to Master Netting Arrangements
	Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts Offset on the Consolidated Balance Sheets		Net Amounts Presented on the Consolidated Balance Sheets		Gross Amounts Not Offset on the Consolidated Balance Sheets								Net Amount
											Derivative Amounts				Collateral Received
Derivative Assets	$	79,834	$	71,101	$	8,733	$	—	$	8,733	$	(5,293	)	(1)	$	(3,068	)	(2)	$	372
	Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts of Recognized		Gross Amounts Offset on the Consolidated Balance Sheets		Net Amounts Presented on the Consolidated Balance Sheets		Gross Amounts Not Offset on the Consolidated Balance Sheets								Net Amount
											Derivative Amounts				Collateral Received
Derivative Liabilities	$	81,892	$	3,113	$	78,779	$	—	$	78,779	$	(5,293	)	(1)	$	(73,109	)	(3)	$	377

(1) Represents the netting of derivative receivable and payable balances for the same counterparty under enforceable master netting arrangements if the Company has elected to net.

(2) Represents $8.1 million and $3.1 million of cash collateral received against derivative assets with the same counterparty that are subject to enforceable master netting arrangements as of December 31, 2016 and 2015, respectively.

(3) Represents cash and securities pledged against derivative liabilities with the same counterparty that are subject to enforceable master netting arrangements. Includes approximately $170 thousand and $21.1 million of cash collateral posted as of December 31, 2016 and 2015, respectively.