Segment Reporting (Tables)

3 Months Ended

Feb. 28, 2022

Segment Reporting [Abstract]

Schedule of Net Revenues, Expenses and Total Assets by Segment

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

	Three Months Ended  February 28,
	2022		2021
Investment Banking and Capital Markets:
Net revenues	$	1,481.8	$	1,958.8
Non-interest expenses	1,060.9		1,416.2
Earnings before income taxes	$	420.9	$	542.6
Asset Management:
Net revenues	$	60.0	$	170.6
Non-interest expenses	44.0		42.0
Earnings before income taxes	$	16.0	$	128.6
Total:
Net revenues	$	1,541.8	$	2,129.4
Non-interest expenses	1,104.9		1,458.2
Earnings before income taxes	$	436.9	$	671.2

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

	February 28, 2022		November 30, 2021
Investment Banking and Capital Markets	$	52,729.5	$	51,697.4
Asset Management	3,169.9		3,071.5
Total assets	$	55,899.4	$	54,768.9

Summary Net Revenues by Geographic Region

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

	Three Months Ended  February 28,
	2022		2021
Americas (1)	$	1,211.1	$	1,750.6
Europe (2)	255.0		298.8
Asia Pacific	75.7		80.0
Net revenues	$	1,541.8	$	2,129.4

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

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