Line of Business Information (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Summary of Line of Business Results

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 June 30,
	Investment Servicing						Investment Management						Other						Total
	2015			2014			2015			2014			2015			2014			2015			2014
(Dollars in millions, except where otherwise noted)
Servicing fees	$	1,325		$	1,288		$	—		$	—		$	—		$	—		$	1,325		$	1,288
Management fees	—			—			304			300			—			—			304			300
Trading services	271			249			10			11			—			—			281			260
Securities finance	155			147			—			—			—			—			155			147
Processing fees and other	22			42			(5		)	2			—			—			17			44
Total fee revenue	1,773			1,726			309			313			—			—			2,082			2,039
Net interest revenue	534			558			1			3			—			—			535			561
Gains (losses) related to investment securities, net	(3		)	(2		)	—			—			—			—			(3		)	(2		)
Total revenue	2,304			2,282			310			316			—			—			2,614			2,598
Provision for loan losses	2			2			—			—			—			—			2			2
Total expenses	1,880			1,594			251			224			3			32			2,134			1,850
Income before income tax expense	$	422		$	686		$	59		$	92		$	(3	)	$	(32	)	$	478		$	746
Pre-tax margin	18		%	30		%	19		%	29		%							18		%	29		%

	Six Months Ended June 30,
	Investment Servicing						Investment Management						Other						Total
	2015			2014			2015			2014			2015			2014			2015			2014
(Dollars in millions, except where otherwise noted)
Servicing fees	$	2,598		$	2,526		$	—		$	—		$	—		$	—		$	2,598		$	2,526
Management fees	—			—			605			592			—			—			605			592
Trading services	586			490			19			23			—			—			605			513
Securities finance	256			232			—			—			—			—			256			232
Processing fees and other	81			97			(3		)	3			—			—			78			100
Total fee revenue	3,521			3,345			621			618			—			—			4,142			3,963
Net interest revenue	1,079			1,109			2			7			—			—			1,081			1,116
Gains (losses) related to investment securities, net	(4		)	4			—			—			—			—			(4		)	4
Total revenue	4,596			4,458			623			625			—			—			5,219			5,083
Provision for loan losses	6			4			—			—			—			—			6			4
Total expenses	3,716			3,265			507			470			8			143			4,231			3,878
Income before income tax expense	$	874		$	1,189		$	116		$	155		$	(8	)	$	(143	)	$	982		$	1,201
Pre-tax margin	19		%	27		%	19		%	25		%							19		%	24		%