Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

In the following tables, revenue is disaggregated by our two lines of business and by revenue stream for which the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

	Three Months Ended March 31, 2022
	Investment Servicing						Investment Management						Other						Total
(Dollars in millions)	Topic 606 revenue		All other revenue		Total		Topic 606 revenue		All other revenue		Total		Topic 606 revenue		All other revenue		Total		2022
Servicing fees	$	1,368	$	—	$	1,368	$	—	$	—	$	—	$	—	$	—	$	—	$	1,368
Management fees	—		—		—		520		—		520		—		—		—		520
Foreign exchange trading services	101		241		342		17		—		17		—		—		—		359
Securities finance	54		39		93		—		3		3		—		—		—		96
Software and processing fees	151		50		201		—		—		—		—		—		—		201
Other fee revenue	—		46		46		—		(17)		(17)		—		—		—		29
Total fee revenue	1,674		376		2,050		537		(14)		523		—		—		—		2,573
Net interest income	—		509		509		—		—		—		—		—		—		509
Total other income	—		(1)		(1)		—		—		—		—		—		—		(1)
Total revenue	$	1,674	$	884	$	2,558	$	537	$	(14)	$	523	$	—	$	—	$	—	$	3,081
	Three Months Ended March 31, 2021
	Investment Servicing						Investment Management						Other						Total
(Dollars in millions)	Topic 606 revenue		All other revenue		Total		Topic 606 revenue		All other revenue		Total		Topic 606 revenue		All other revenue		Total		2021
Servicing fees	$	1,369	$	—	$	1,369	$	—	$	—	$	—	$	—	$	—	$	—	$	1,369
Management fees	—		—		—		493		—		493		—		—		—		493
Foreign exchange trading services	95		238		333		13		—		13		—		—		—		346
Securities finance	60		35		95		—		4		4		—		—		—		99
Software and processing fees	110		50		160		—		—		—		—		—		—		160
Other fee revenue	—		14		14		—		2		2		—		—		—		16
Total fee revenue	1,634		337		1,971		506		6		512		—		—		—		2,483
Net interest income	—		473		473		—		(6)		(6)		—		—		—		467
Total other income	—		—		—		—		—		—		—		—		—		—
Total revenue	$	1,634	$	810	$	2,444	$	506	$	—	$	506	$	—	$	—	$	—	$	2,950