Deposits (Tables)

3 Months Ended

Mar. 31, 2026

Deposits [Abstract]

Noninterest-bearing and interest-bearing deposits

As of March 31, 2026 and December 31, 2025, noninterest-bearing and interest-bearing deposits were as follows:

(in millions)	March 31, 2026		December 31, 2025
U.S. offices
Noninterest-bearing (included $14,418 and $16,610 at fair value)(a)	$	595,424	$	583,342
Interest-bearing (included $1,784 and $1,085 at fair value)(a)	1,508,682		1,452,729
Total deposits in U.S. offices	2,104,106		2,036,071
Non-U.S. offices
Noninterest-bearing (included $3,482 and $3,099 at fair value)(a)	43,775		37,057
Interest-bearing (included $119 and $136 at fair value)(a)	527,639		486,192
Total deposits in non-U.S. offices	571,414		523,249
Total deposits	$	2,675,520	$	2,559,320

(a)Includes structured notes classified as deposits for which the fair value option has been elected. Refer to Note 3 for further discussion.

Time deposits $250,000 or more

As of March 31, 2026 and December 31, 2025, time deposits in denominations that met or exceeded the insured limit were as follows:

(in millions)	March 31, 2026		December 31, 2025
U.S. offices	$	164,535	$	155,114
Non-U.S. offices(a)	98,178		89,085
Total	$	262,713	$	244,199

(a)Represents all time deposits in non-U.S. offices as these deposits typically exceed the insured limit.

Time deposits, by maturity

As of March 31, 2026, the remaining maturities of interest-bearing time deposits in each of the 12-month periods ending March 31 were as follows:

March 31, (in millions)
	U.S.		Non-U.S.		Total
2027	$	237,446	$	94,432	$	331,878
2028	857		—		857
2029	430		—		430
2030	455		—		455
2031	338		—		338
After 5 years	424		264		688
Total	$	239,950	$	94,696	$	334,646