COMMISSIONS AND FEES; ADMINISTRATION AND OTHER FIDUCIARY FEES (Tables)

6 Months Ended

Jun. 30, 2019

The following table presents Administration and other fiduciary fees:



	Three Months Ended June 30,									Six Months Ended June 30,
	2019									2019
In millions of dollars	ICG		GCB		Corporate/Other			Total		ICG		GCB		Corporate/Other		Total
Custody fees	$	381	$	6	$	18		$	405	$	745	$	9	$	34	$	788
Fiduciary fees	163		154		(1		)	316		315		300		11		626
Guarantee fees	132		14		2			148		262		28		4		294
Total administration and other fiduciary fees⁽¹⁾	$	676	$	174	$	19		$	869	$	1,322	$	337	$	49	$	1,708



	Three Months Ended June 30,								Six Months Ended June 30,
	2018								2018
In millions of dollars	ICG		GCB		Corporate/Other		Total		ICG		GCB		Corporate/Other		Total
Custody fees	$	399	$	45	$	17	$	461	$	767	$	92	$	32	$	891
Fiduciary fees	165		150		12		327		332		297		19		648
Guarantee fees	130		14		2		146		267		29		4		300
Total administration and other fiduciary fees⁽¹⁾	$	694	$	209	$	31	$	934	$	1,366	$	418	$	55	$	1,839


(1)	Administration and other fiduciary fees includes $148 million and $146 million for the three months ended June 30, 2019 and 2018, respectively, and $294 million and $300 million for the six months ended June 30, 2019 and 2018, respectively, that are not accounted for under ASC 606, Revenue from Contracts with Customers. These amounts include guarantee fees.

The following tables present Commissions and fees revenue:



	Three Months Ended June 30,											Six Months Ended June 30,
	2019											2019
In millions of dollars	ICG			GCB			Corporate/Other		Total			ICG			GCB			Corporate/Other		Total
Investment banking	$	934		$	—		$	—	$	934		$	1,844		$	—		$	—	$	1,844
Brokerage commissions	438			211			—		649			909			397			—		1,306
Credit- and bank-card income
Interchange fees	313			2,198			—		2,511			591			4,182			—		4,773
Card-related loan fees	16			183			—		199			29			343			—		372
Card rewards and partner payments	(174		)	(2,277		)	—		(2,451		)	(327		)	(4,338		)	—		(4,665		)
Deposit-related fees⁽¹⁾	247			138			—		385			492			277			—		769
Transactional service fees	194			36			—		230			389			71			—		460
Corporate finance⁽²⁾	150			1			—		151			328			2			—		330
Insurance distribution revenue	2			129			—		131			6			261			—		267
Insurance premiums	—			26			1		27			—			55			—		55
Loan servicing	—			16			3		19			42			46			9		97
Other	2			94			—		96			19			179			1		199
Total commissions and fees⁽³⁾	$	2,122		$	755		$	4	$	2,881		$	4,322		$	1,475		$	10	$	5,807



	Three Months Ended June 30,												Six Months Ended June 30,
	2018												2018
In millions of dollars	ICG			GCB			Corporate/Other			Total			ICG			GCB			Corporate/Other			Total
Investment banking	$	1,012		$	—		$	—		$	1,012		$	1,834		$	—		$	—		$	1,834
Brokerage commissions	491			206			—			697			1,057			454			—			1,511
Credit- and bank-card income
Interchange fees	276			2,025			5			2,306			536			3,899			10			4,445
Card-related loan fees	17			147			6			170			31			302			12			345
Card rewards and partner payments	(126		)	(2,065		)	(6		)	(2,197		)	(250		)	(3,939		)	(11		)	(4,200		)
Deposit-related fees⁽¹⁾	236			160			1			397			472			343			2			817
Transactional service fees	182			21			1			204			372			42			3			417
Corporate finance⁽²⁾	219			1			—			220			361			2			—			363
Insurance distribution revenue	5			142			5			152			10			285			10			305
Insurance premiums	—			32			1			33			—			65			—			65
Loan servicing	33			40			9			82			71			62			21			154
Other	—			34			1			35			15			67			3			85
Total commissions and fees⁽³⁾	$	2,345		$	743		$	23		$	3,111		$	4,509		$	1,582		$	50		$	6,141


(1)	Includes overdraft fees of $31 million and $30 million for the three months ended June 30, 2019 and 2018, respectively, and $61 million and $62 million for the six months ended June 30, 2019 and 2018, respectively. Overdraft fees are accounted for under ASC 310.


(2)	Consists primarily of fees earned from structuring and underwriting loan syndications or related financing activity. This activity is accounted for under ASC 310.

(3)

Commissions and fees includes $(2,025) million and $(1,648) million not accounted for under ASC 606, Revenue from Contracts with Customers, for the three months ended June 30, 2019 and 2018, respectively, and $(3,746) million and $(3,193) million for the six months ended June 30, 2019 and 2018, respectively. Amounts reported in Commissions and fees accounted for under other guidance primarily include card-related loan fees, card reward programs and certain partner payments, corporate finance fees, insurance premiums and loan servicing fees.