Business Segments (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Segment results and reconciliation

Segment results and reconciliation

As of or for the year ended December 31, (in millions, except ratios)	Consumer & Community Banking									Corporate & Investment Bank									Commercial Banking
	2015			2014			2013			2015			2014			2013			2015			2014			2013
Noninterest revenue	$	15,592		$	15,937		$	17,552		$	23,693		$	23,420		$	23,736		$	2,365		$	2,349		$	2,298
Net interest income	28,228			28,431			28,985			9,849			11,175			10,976			4,520			4,533			4,794
Total net revenue	43,820			44,368			46,537			33,542			34,595			34,712			6,885			6,882			7,092
Provision for credit losses	3,059			3,520			335			332			(161		)	(232		)	442			(189		)	85
Noninterest expense	24,909			25,609			27,842			21,361			23,273			21,744			2,881			2,695			2,610
Income/(loss) before income tax expense/(benefit)	15,852			15,239			18,360			11,849			11,483			13,200			3,562			4,376			4,397
Income tax expense/(benefit)	6,063			6,054			7,299			3,759			4,575			4,350			1,371			1,741			1,749
Net income/(loss)	$	9,789		$	9,185		$	11,061		$	8,090		$	6,908		$	8,850		$	2,191		$	2,635		$	2,648
Average common equity	$	51,000		$	51,000		$	46,000		$	62,000		$	61,000		$	56,500		$	14,000		$	14,000		$	13,500
Total assets	502,652			455,634			452,929			748,691			861,466			843,248			200,700			195,267			190,782
Return on common equity	18		%	18		%	23		%	12		%	10		%	15		%	15		%	18		%	19		%
Overhead ratio	57			58			60			64			67			63			42			39			37

(a) Segment managed results reflect revenue on a FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results.

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Asset Management									Corporate									Reconciling Items(a)									Total
2015			2014			2013			2015			2014			2013			2015			2014			2013			2015			2014			2013
$	9,563		$	9,588		$	9,029		$	800		$	1,972		$	3,093		$	(1,980	)	$	(1,788	)	$	(1,660	)	$	50,033		$	51,478		$	54,048
2,556			2,440			2,376			(533		)	(1,960		)	(3,115		)	(1,110		)	(985		)	(697		)	43,510			43,634			43,319
12,119			12,028			11,405			267			12			(22		)	(3,090		)	(2,773		)	(2,357		)	93,543			95,112			97,367
4			4			65			(10		)	(35		)	(28		)	—			—			—			3,827			3,139			225
8,886			8,538			8,016			977			1,159			10,255			—			—			—			59,014			61,274			70,467
3,229			3,486			3,324			(700		)	(1,112		)	(10,249		)	(3,090		)	(2,773		)	(2,357		)	30,702			30,699			26,675
1,294			1,333			1,241			(3,137		)	(1,976		)	(3,493		)	(3,090		)	(2,773		)	(2,357		)	6,260			8,954			8,789
$	1,935		$	2,153		$	2,083		$	2,437		$	864		$	(6,756	)	$	—		$	—		$	—		$	24,442		$	21,745		$	17,886
$	9,000		$	9,000		$	9,000		$	79,690		$	72,400		$	71,409		$	—		$	—		$	—		$	215,690		$	207,400		$	196,409
131,451			128,701			122,414			768,204			931,206			805,506			NA			NA			NA			2,351,698			2,572,274			2,414,879
21		%	23		%	23		%	NM			NM			NM			NM			NM			NM			11		%	10		%	9		%
73			71			70			NM			NM			NM			NM			NM			NM			63			64			72