Trading Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2019

Trading Assets And Liabilities [Abstract]

Trading Assets and Liabilities

Trading assets and liabilities consisted of the following:

	March 31, 2019		December 31, 2018
	(in millions)
Trading assets:
U.S. Treasury	$	5,524	$	5,368
U.S. Government agency issued or guaranteed	112		111
U.S. Government sponsored enterprises	61		41
Asset-backed securities	201		208
Corporate and foreign bonds	11,192		10,562
Equity securities	888		751
Precious metals	5,127		1,889
Derivatives, net	2,996		3,048
Total trading assets	$	26,101	$	21,978
Trading liabilities:
Securities sold, not yet purchased	$	687	$	738
Payables for precious metals	38		215
Derivatives, net	3,183		2,690
Total trading liabilities	$	3,908	$	3,643