Line of Business Information (Tables)

6 Months Ended

Jun. 30, 2016

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
(Dollars in millions, except where otherwise noted)	2016			2015			2016			2015			2016			2015			2016			2015
Servicing fees	$	1,239		$	1,319		$	—		$	—		$	—		$	—		$	1,239		$	1,319
Management fees	—			—			293			304			—			—			293			304
Trading services	255			271			12			10			—			—			267			281
Securities finance	156			155			—			—			—			—			156			155
Processing fees and other	102			22			(4		)	(5		)	—			—			98			17
Total fee revenue	1,752			1,767			301			309			—			—			2,053			2,076
Net interest revenue	520			534			1			1			—			—			521			535
Gains (losses) related to investment securities, net	(1		)	(3		)	—			—			—			—			(1		)	(3		)
Total revenue	2,271			2,298			302			310			—			—			2,573			2,608
Provision for loan losses	4			2			—			—			—			—			4			2
Total expenses	1,599			1,880			244			251			17			3			1,860			2,134
Income before income tax expense	$	668		$	416		$	58		$	59		$	(17	)	$	(3	)	$	709		$	472
Pre-tax margin	29		%	18		%	19		%	19		%							28		%	18		%
	Six Months Ended June 30,
	Investment Servicing						Investment Management						Other						Total
(Dollars in millions, except where otherwise noted)	2016			2015			2016			2015			2016			2015			2016			2015
Servicing fees	$	2,481		$	2,587		$	—		$	—		$	—		$	—		$	2,481		$	2,587
Management fees	—			—			563			605			—			—			563			605
Trading services	517			586			22			19			—			—			539			605
Securities finance	290			256			—			—			—			—			290			256
Processing fees and other	147			81			3			(3		)	—			—			150			78
Total fee revenue	3,435			3,510			588			621			—			—			4,023			4,131
Net interest revenue	1,032			1,079			1			2			—			—			1,033			1,081
Gains (losses) related to investment securities, net	1			(4		)	—			—			—			—			1			(4		)
Total revenue	4,468			4,585			589			623			—			—			5,057			5,208
Provision for loan losses	8			6			—			—			—			—			8			6
Total expenses	3,286			3,716			500			507			124			8			3,910			4,231
Income before income tax expense	$	1,174		$	863		$	89		$	116		$	(124	)	$	(8	)	$	1,139		$	971
Pre-tax margin	26		%	19		%	15		%	19		%							23		%	19		%