Collateralized Transactions (Tables)

3 Months Ended

Mar. 31, 2024

Collateralized Agreements [Abstract]

Schedule of Offsetting of Certain Collateralized Transactions

Offsetting of Certain Collateralized Transactions

	At March 31, 2024
$ in millions	Gross Amounts		Amounts Offset		Balance Sheet Net Amounts		Amounts Not Offset1		Net Amounts
Assets
Securities purchased under agreements to resell	$	293,414	$	(170,681)	$	122,733	$	(118,405)	$	4,328
Securities borrowed	163,755		(30,903)		132,852		(128,658)		4,194
Liabilities
Securities sold under agreements to repurchase	$	253,085	$	(170,681)	$	82,404	$	(74,081)	$	8,323
Securities loaned	46,848		(30,903)		15,945		(15,935)		10
Net amounts for which master netting agreements are not in place or may not be legally enforceable
Securities purchased under agreements to resell									$	4,175
Securities borrowed									447
Securities sold under agreements to repurchase									6,312
Securities loaned									2

	At December 31, 2023
$ in millions	Gross Amounts		Amounts Offset		Balance Sheet Net Amounts		Amounts Not Offset1		Net Amounts
Assets
Securities purchased under agreements to resell	$	300,242	$	(189,502)	$	110,740	$	(108,893)	$	1,847
Securities borrowed	142,453		(21,362)		121,091		(115,969)		5,122
Liabilities
Securities sold under agreements to repurchase	$	252,153	$	(189,502)	$	62,651	$	(58,357)	$	4,294
Securities loaned	36,419		(21,362)		15,057		(15,046)		11
Net amounts for which master netting agreements are not in place or may not be legally enforceable
Securities purchased under agreements to resell									$	1,741
Securities borrowed									607
Securities sold under agreements to repurchase									3,014
Securities loaned									2

1.Amounts relate to master netting agreements that have been determined by the Firm to be legally enforceable in the event of default but where certain other criteria are not met in accordance with applicable offsetting accounting guidance.

Schedule of Gross Secured Financing Balances

Gross Secured Financing Balances by Remaining Contractual Maturity

	At March 31, 2024
$ in millions	Overnight and Open		Less than 30 Days		30-90 Days		Over 90 Days		Total
Securities sold under agreements to repurchase	$	70,487	$	113,219	$	31,956	$	37,423	$	253,085
Securities loaned	31,934		—		381		14,533		46,848
Total included in the offsetting disclosure	$	102,421	$	113,219	$	32,337	$	51,956	$	299,933
Trading liabilities— Obligation to return securities received as collateral	8,658		—		—		—		8,658
Total	$	111,079	$	113,219	$	32,337	$	51,956	$	308,591

	At December 31, 2023
$ in millions	Overnight and Open		Less than 30 Days		30-90 Days		Over 90 Days		Total
Securities sold under agreements to repurchase	$	80,376	$	114,826	$	25,510	$	31,441	$	252,153
Securities loaned	21,508		1,345		709		12,857		36,419
Total included in the offsetting disclosure	$	101,884	$	116,171	$	26,219	$	44,298	$	288,572
Trading liabilities— Obligation to return securities received as collateral	13,528		—		—		—		13,528
Total	$	115,412	$	116,171	$	26,219	$	44,298	$	302,100

Gross Secured Financing Balances by Class of Collateral Pledged

$ in millions	At March 31, 2024		At December 31, 2023
Securities sold under agreements to repurchase
U.S. Treasury and agency securities	$	84,185	$	98,377
Other sovereign government obligations	131,489		122,342
Corporate equities	23,791		18,144
Other	13,620		13,290
Total	$	253,085	$	252,153
Securities loaned
Other sovereign government obligations	$	1,793	$	1,379
Corporate equities	44,245		34,434
Other	810		606
Total	$	46,848	$	36,419
Total included in the offsetting disclosure	$	299,933	$	288,572
Trading liabilities—Obligation to return securities received as collateral
Corporate equities	$	8,564	$	13,502
Other	94		26
Total	$	8,658	$	13,528
Total	$	308,591	$	302,100

Schedule of Carrying Value of Assets Loaned or Pledged Without Counterparty Right to Sell or Repledge

Carrying Value of Assets Loaned or Pledged without Counterparty Right to Sell or Repledge

$ in millions	At March 31, 2024		At December 31, 2023
Trading assets	$	36,461	$	37,522

Schedule of Fair Value of Collateral Received with Right to Sell or Repledge

Fair Value of Collateral Received with Right to Sell or Repledge

$ in millions	At March 31, 2024		At December 31, 2023
Collateral received with right to sell or repledge	$	798,885	$	735,830
Collateral that was sold or repledged1	610,901		553,386

1.Does not include securities used to meet federal regulations for the Firm’s U.S. broker-dealers.

Schedule of Securities Segregated for Regulatory Purposes

Securities Segregated for Regulatory Purposes

$ in millions	At March 31, 2024		At December 31, 2023
Segregated securities1	$	24,393	$	20,670

1.Securities segregated under federal regulations for the Firm’s U.S. broker-dealers are sourced from Securities purchased under agreements to resell and Trading assets in the balance sheet.

Schedule of Customer Margin Lending

Customer Margin and Other Lending

$ in millions	At March 31, 2024		At December 31, 2023
Margin and other lending	$	47,464	$	45,644