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

9 Months Ended

Sep. 30, 2019

The following table presents Administration and other fiduciary fees revenue:



	Three Months Ended September 30,								Nine Months Ended September 30,
	2019								2019
In millions of dollars	ICG		GCB		Corporate/Other		Total		ICG		GCB		Corporate/Other		Total
Custody fees	$	370	$	5	$	20	$	395	$	1,115	$	14	$	54	$	1,183
Fiduciary fees	170		160		13		343		485		460		24		969
Guarantee fees	126		15		1		142		388		43		5		436
Total administration and other fiduciary fees⁽¹⁾	$	666	$	180	$	34	$	880	$	1,988	$	517	$	83	$	2,588



	Three Months Ended September 30,								Nine Months Ended September 30,
	2018								2018
In millions of dollars	ICG		GCB		Corporate/Other		Total		ICG		GCB		Corporate/Other		Total
Custody fees	$	371	$	41	$	18	$	430	$	1,138	$	133	$	50	$	1,321
Fiduciary fees	160		158		12		330		492		455		31		978
Guarantee fees	136		14		1		151		403		43		5		451
Total administration and other fiduciary fees⁽¹⁾	$	667	$	213	$	31	$	911	$	2,033	$	631	$	86	$	2,750


(1)	Administration and other fiduciary fees includes $142 million and $151 million for the three months ended September 30, 2019 and 2018, respectively, and $436 million and $451 million for the nine months ended September 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 September 30,											Nine Months Ended September 30,
	2019											2019
In millions of dollars	ICG			GCB			Corporate/Other		Total			ICG			GCB			Corporate/Other		Total
Investment banking	$	911		$	—		$	—	$	911		$	2,755		$	—		$	—	$	2,755
Brokerage commissions	456			228			—		684			1,365			625			—		1,990
Credit- and bank-card income
Interchange fees	324			2,181			—		2,505			915			6,363			—		7,278
Card-related loan fees	15			191			—		206			44			534			—		578
Card rewards and partner payments	(192		)	(2,253		)	—		(2,445		)	(519		)	(6,591		)	—		(7,110		)
Deposit-related fees⁽¹⁾	256			136			—		392			748			413			—		1,161
Transactional service fees	187			37			—		224			576			108			—		684
Corporate finance⁽²⁾	128			1			—		129			456			3			—		459
Insurance distribution revenue	4			137			—		141			10			398			—		408
Insurance premiums	—			21			—		21			—			76			—		76
Loan servicing	—			4			7		11			42			50			16		108
Other	48			78			1		127			67			257			2		326
Total commissions and fees⁽³⁾	$	2,137		$	761		$	8	$	2,906		$	6,459		$	2,236		$	18	$	8,713



	Three Months Ended September 30,											Nine Months Ended September 30,
	2018											2018
In millions of dollars	ICG			GCB			Corporate/Other		Total			ICG			GCB			Corporate/Other		Total
Investment banking	$	861		$	—		$	—	$	861		$	2,695		$	—		$	—	$	2,695
Brokerage commissions	453			200			—		653			1,510			654			—		2,164
Credit- and bank-card income
Interchange fees	268			2,064			1		2,333			804			5,963			11		6,778
Card-related loan fees	16			172			—		188			47			474			12		533
Card rewards and partner payments	(125		)	(2,142		)	11		(2,256		)	(375		)	(6,081		)	—		(6,456		)
Deposit-related fees⁽¹⁾	239			159			—		398			711			502			2		1,215
Transactional service fees	171			22			1		194			543			64			4		611
Corporate finance⁽²⁾	145			2			—		147			506			4			—		510
Insurance distribution revenue	3			140			—		143			13			425			10		448
Insurance premiums	—			27			—		27			—			92			—		92
Loan servicing	47			27			10		84			118			89			31		238
Other	5			23			3		31			20			90			6		116
Total commissions and fees⁽³⁾	$	2,083		$	694		$	26	$	2,803		$	6,592		$	2,276		$	76	$	8,944


(1)	Includes overdraft fees of $33 million and $33 million for the three months ended September 30, 2019 and 2018, respectively, and $94 million and $95 million for the nine months ended September 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 $(2,039) million and $(1,769) million not accounted for under ASC 606, Revenue from Contracts with Customers, for the three months ended September 30, 2019 and 2018, respectively, and $(5,785) million and $(4,962) million for the nine months ended September 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.