INTEREST INCOME AND INTEREST EXPENSE (Tables)

9 Months Ended

Jun. 30, 2024

Interest Income (Expense), Operating [Abstract]

Interest Income and Interest Expense

The following table details the components of interest income and interest expense.

	Three months ended June 30,				Nine months ended June 30,
$ in millions	2024		2023		2024		2023
Interest income:
Cash and cash equivalents	$	121	$	109	$	381	$	239
Assets segregated for regulatory purposes and restricted cash	46		47		140		152
Trading assets — debt securities	20		13		54		40
Available-for-sale securities	55		56		167		163
Brokerage client receivables	48		42		140		124
Bank loans, net	736		698		2,197		1,954
All other	31		22		80		57
Total interest income	$	1,057	$	987	$	3,159	$	2,729
Interest expense:
Bank deposits	$	446	$	312	1,318		$	690
Trading liabilities — debt securities	11		9		33		26
Brokerage client payables	22		17		63		57
Other borrowings	7		12		23		30
Senior notes payable	23		23		69		69
All other	25		13		55		39
Total interest expense	$	534	$	386	$	1,561	$	911
Net interest income	$	523	$	601	$	1,598	$	1,818
Less: Bank loan provision/(benefit) for credit losses	(10)		54		23		96
Net interest income after bank loan provision/(benefit) for credit losses	$	533	$	547	$	1,575	$	1,722