Trading Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

Trading Assets And Liabilities [Abstract]

Trading Assets and Liabilities

Trading assets and liabilities consisted of the following:

	September 30, 2019		December 31, 2018
	(in millions)
Trading assets:
U.S. Treasury	$	7,471	$	5,368
U.S. Government agency issued or guaranteed	18		111
U.S. Government sponsored enterprises	125		41
Asset-backed securities	187		208
Corporate and foreign bonds	13,541		10,562
Equity securities	2,076		751
Precious metals	3,211		1,889
Derivatives, net	2,928		3,048
Total trading assets	$	29,557	$	21,978
Trading liabilities:
Securities sold, not yet purchased	$	950	$	738
Payables for precious metals	958		215
Derivatives, net	2,139		2,690
Total trading liabilities	$	4,047	$	3,643