Segment Reporting (Tables)

12 Months Ended

Nov. 30, 2020

Segment Reporting [Abstract]

Schedule of Net Revenues, Expenses and Total Assets by Segment

Our net revenues, non-interest expenses and earnings (loss) before income taxes by reportable business segment are summarized below (in millions):

	Year Ended November 30,
	2020		2019		2018
Investment Banking and Capital Markets:
Net revenues	$	4,989.2	$	3,036.0	$	3,184.4
Non-interest expenses	3,869.3		2,688.9		2,719.5
Earnings before income taxes	$	1,119.9	$	347.1	$	464.9
Asset Management:
Net revenues	$	208.3	$	76.5	$	(1.0)
Non-interest expenses	150.7		98.9		54.2
Earnings (loss) before income taxes	$	57.6	$	(22.4)	$	(55.2)
Total:
Net revenues	$	5,197.5	$	3,112.5	$	3,183.4
Non-interest expenses	4,020.0		2,787.8		2,773.7
Earnings before income taxes	$	1,177.5	$	324.7	$	409.7

The following table summarizes our total assets by reportable business segment (in millions):

	November 30,
	2020		2019
Investment Banking and Capital Markets	$	44,488.1	$	40,565.8
Asset Management	3,263.9		2,950.3
Total assets	$	47,752.0	$	43,516.1

Summary Net Revenues by Geographic Region

Net revenues by geographic region were as follows (in millions):

	Year Ended November 30,
	2020		2019		2018
Americas (1)	$	4,060.0	$	2,407.6	$	2,652.9
Europe (2)	852.0		592.8		434.9
Asia Pacific	285.5		112.1		95.6
Net revenues	$	5,197.5	$	3,112.5	$	3,183.4

(1)Substantially all relates to U.S. results.

(2)Substantially all relates to U.K. results.