Line of Business Information (Tables)

3 Months Ended

Mar. 31, 2015

The following is a summary of our line-of-business results for the periods indicated. The “Other” column represents costs incurred that are not allocated to a specific line of business, including certain severance and restructuring costs, acquisition costs and certain provisions for legal contingencies.



	Three Months Ended March 31,
	Investment Servicing						Investment Management						Other						Total
	2015			2014			2015			2014			2015			2014			2015			2014
(Dollars in millions, except where otherwise noted)
Servicing fees	$	1,273		$	1,238		$	—		$	—		$	—		$	—		$	1,273		$	1,238
Management fees	—			—			301			292			—			—			301			292
Trading services	315			241			9			12			—			—			324			253
Securities finance	101			85			—			—			—			—			101			85
Processing fees and other	59			55			2			1			—			—			61			56
Total fee revenue	1,748			1,619			312			305			—			—			2,060			1,924
Net interest revenue	545			551			1			4			—			—			546			555
Gains (losses) related to investment securities, net	(1		)	6			—			—			—			—			(1		)	6
Total revenue	2,292			2,176			313			309			—			—			2,605			2,485
Provision for loan losses	4			2			—			—			—			—			4			2
Total expenses	1,836			1,672			256			245			5			111			2,097			2,028
Income before income tax expense	$	452		$	502		$	57		$	64		$	(5	)	$	(111	)	$	504		$	455
Pre-tax margin	20		%	23		%	18		%	21		%							19		%	18		%

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details