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COMMISSIONS AND FEES; ADMINISTRATION AND OTHER FIDUCIARY FEES (Tables)
 12 Months Ended
Dec. 31, 2021
Other Income and Expenses [Abstract]  
Commissions and fees revenues
The following table presents Commissions and fees revenue:

202120202019
In millions of dollarsICGPBWMLFCorp/OtherTotalICGPBWMLFCorp/OtherTotalICGPBWMLFCorp/OtherTotal
Investment banking$6,007 $— $— $— $6,007 $4,483 $— $— $— $4,483 $3,767 $— $— $— $3,767 
Brokerage commissions1,770 1,035 431 — 3,236 1,700 874 386 — 2,960 1,504 786 322 — 2,612 
Credit and bank card income
Interchange fees817 8,119 885 — 9,821 704 6,526 774 — 8,004 1,222 7,619 1,002 — 9,843 
Card-related
loan fees		27 292 376 — 695 22 241 386 — 649 59 255 464 — 778 
Card rewards and partner payments(1)
(405)(9,296)(534)— (10,235)(380)(7,688)(605)— (8,673)(691)(8,317)(566)— (9,574)
Deposit-related fees(2)
1,034 196 101 — 1,331 936 255 143 — 1,334 1,012 269 237 — 1,518 
Transactional service fees968 22 108 — 1,098 857 20 97 — 974 801 22 124 — 947 
Corporate finance(3)
705 4 — — 709 453 4 — — 457 609 7 — — 616 
Insurance distribution revenue— 309 164 — 473 — 318 185 — 503 — 350 186 — 536 
Insurance premiums— 10 84 — 94 — 6 119 — 125 — 6 180 — 186 
Loan servicing43 38 17 — 98 80 28 29 — 137 77 54 23 — 154 
Other20 186 134 5 345 15 300 113 4 432 47 171 142 3 363 
Total commissions and fees(4)
$10,986 $915 $1,766 $5 $13,672 $8,870 $884 $1,627 $4 $11,385 $8,407 $1,222 $2,114 $3 $11,746 

(1)Citi’s consumer credit card programs have certain partner-sharing agreements that vary by partner. These agreements are subject to contractually based performance thresholds that, if met, would require Citi to make ongoing payments to the partner. The threshold is based on the profitability of a program and is generally calculated based on predefined program revenues less predefined program expenses. In most of Citi’s partner-sharing agreements, program expenses include net credit losses and, to the extent that the increase in net credit losses reduces Citi’s liability for the partners’ share for a given program year, would generally result in lower payments to partners in total for that year and vice versa. Further, in some instances, other partner payments are based on program sales and new account acquisitions.
(2)Includes overdraft fees of $107 million, $100 million and $127 million for the years ended December 31, 2021, 2020 and 2019, respectively. Overdraft fees are accounted for under ASC 310.
(3)Consists primarily of fees earned from structuring and underwriting loan syndications or related financing activity. This activity is accounted for under ASC 310.
(4)Commissions and fees include $(8,516) million, $(7,160) million and $(7,695) million not accounted for under ASC 606, Revenue from Contracts with Customers, for the years ended December 31, 2021, 2020 and 2019, 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.
LF    Legacy Franchises
The following table presents Administration and other fiduciary fees revenue:
202120202019
In millions of dollarsICGPBWMLFCorp/OtherTotalICGPBWMLFCorp/OtherTotalICGPBWMLFCorp/OtherTotal
Custody fees$1,792 $91 $14 $1 $1,898 $1,519 $80 $20 $38 $1,657 $1,385 $76 $8 $73 $1,542 
Fiduciary fees250 778 436 — 1,464 234 623 417 — 1,274 246 589 461 — 1,296 
Guarantee fees528 45 8 — 581 495 38 8 — 541 521 41 11 — 573 
Total administration and other fiduciary fees(1)
$2,570 $914 $458 $1 $3,943 $2,248 $741 $445 $38 $3,472 $2,152 $706 $480 $73 $3,411 

(1)    Administration and other fiduciary fees include $581 million, $541 million and $573 million for the years ended December 31, 2021, 2020 and 2019, respectively, that are not accounted for under ASC 606, Revenue from Contracts with Customers. These generally include guarantee fees.
LF    Legacy Franchises