Line of Business Information (Tables)

9 Months Ended

Sep. 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 September 30,
	Investment Servicing						Investment Management						Other						Total
(Dollars in millions, except where otherwise noted)	2016			2015			2016			2015			2016			2015			2016			2015
Servicing fees	$	1,303		$	1,289		$	—		$	—		$	—		$	—		$	1,303		$	1,289
Management fees	—			—			368			287			—			—			368			287
Trading services	254			283			13			11			—			—			267			294
Securities finance	136			113			—			—			—			—			136			113
Processing fees and other	6			131			(1		)	(11		)	—			—			5			120
Total fee revenue	1,699			1,816			380			287			—			—			2,079			2,103
Net interest revenue	536			514			1			(1		)	—			—			537			513
Gains (losses) related to investment securities, net	4			(2		)	—			—			—			—			4			(2		)
Total revenue	2,239			2,328			381			286			—			—			2,620			2,614
Provision for loan losses	—			5			—			—			—			—			—			5
Total expenses	1,634			1,673			317			204			33			85			1,984			1,962
Income before income tax expense	$	605		$	650		$	64		$	82		$	(33	)	$	(85	)	$	636		$	647
Pre-tax margin	27		%	28		%	17		%	29		%							24		%	25		%
	Nine Months Ended September 30,
	Investment Servicing						Investment Management						Other						Total
(Dollars in millions, except where otherwise noted)	2016			2015			2016			2015			2016			2015			2016			2015
Servicing fees	$	3,784		$	3,876		$	—		$	—		$	—		$	—		$	3,784		$	3,876
Management fees	—			—			931			892			—			—			931			892
Trading services	771			869			35			30			—			—			806			899
Securities finance	426			369			—			—			—			—			426			369
Processing fees and other	153			212			2			(14		)	—			—			155			198
Total fee revenue	5,134			5,326			968			908			—			—			6,102			6,234
Net interest revenue	1,567			1,593			3			1			—			—			1,570			1,594
Gains (losses) related to investment securities, net	5			(6		)	—			—			—			—			5			(6		)
Total revenue	6,706			6,913			971			909			—			—			7,677			7,822
Provision for loan losses	8			11			—			—			—			—			8			11
Total expenses	4,920			5,389			817			711			157			93			5,894			6,193
Income before income tax expense	$	1,778		$	1,513		$	154		$	198		$	(157	)	$	(93	)	$	1,775		$	1,618
Pre-tax margin	27		%	22		%	16		%	22		%							23		%	21		%