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COMMISSIONS AND FEES; ADMINISTRATION AND OTHER FIDUCIARY FEES (Tables)
 12 Months Ended
Dec. 31, 2022
Other Income and Expenses [Abstract]  
Commissions and fees revenues
The following table presents Commissions and fees revenue:

202220212020
In millions of dollarsICGPBWMLFTotalICGPBWMLFTotalICGPBWMLFTotal
Investment banking$3,084 $— $— $3,084 $6,007 $— $— $6,007 $4,483 $— $— $4,483 
Brokerage commissions1,570 767 209 2,546 1,770 1,035 431 3,236 1,700 874 386 2,960 
Credit and bank card income
Interchange fees1,207 9,452 846 11,505 817 8,119 885 9,821 704 6,526 774 8,004 
Card-related
loan fees		44 256 289 589 27 292 376 695 22 241 386 649 
Card rewards and partner payments(1)
(625)(11,133)(578)(12,336)(405)(9,296)(534)(10,235)(380)(7,688)(605)(8,673)
Deposit-related fees(2)
1,061 157 56 1,274 1,034 196 101 1,331 936 255 143 1,334 
Transactional service fees1,057 17 95 1,169 968 22 108 1,098 857 20 97 974 
Corporate finance(3)
454 4 — 458 705 4 — 709 453 4 — 457 
Insurance distribution revenue— 217 129 346 — 309 164 473 — 318 185 503 
Insurance premiums— 4 87 91 — 10 84 94 — 6 119 125 
Loan servicing39 48 16 103 43 38 17 98 80 28 29 137 
Other20 185 141 346 20 186 139 345 15 300 117 432 
Total commissions and fees(4)
$7,911 $(26)$1,290 $9,175 $10,986 $915 $1,771 $13,672 $8,870 $884 $1,631 $11,385 

(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 an 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 $59 million (prior to the elimination of overdraft fees in June 2022), $107 million and $100 million for the years ended December 31, 2022, 2021 and 2020, respectively. Overdraft fees are accounted for under ASC 310. Citi eliminated overdraft fees, returned item fees and overdraft protection fees beginning in June 2022.
(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 $(11,008) million, $(8,516) million and $(7,160) million not accounted for under ASC 606, Revenue from Contracts with Customers, for the years ended December 31, 2022, 2021 and 2020, 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:
202220212020
In millions of dollarsICGPBWMLFTotalICGPBWMLFTotalICGPBWMLFTotal
Custody fees(1)
$1,781 $87 $9 $1,877 $1,793 $91 $14 $1,898 $1,557 $80 $20 $1,657 
Fiduciary fees284 752 314 1,350 250 778 436 1,464 234 623 417 1,274 
Guarantee fees508 43 6 557 528 45 8 581 495 38 8 541 
Total administration and other fiduciary fees(2)
$2,573 $882 $329 $3,784 $2,571 $914 $458 $3,943 $2,286 $741 $445 $3,472 

(1)    ICG in 2020 includes $38 million related to Corporate/Other.
(2)    Administration and other fiduciary fees include $557 million, $581 million and $541 million for the years ended December 31, 2022, 2021 and 2020, respectively, that are not accounted for under ASC 606, Revenue from Contracts with Customers. These generally include guarantee fees.
LF    Legacy Franchises