Expenses (Tables)

6 Months Ended

Jun. 30, 2022

Other Expenses [Abstract]

Schedule of Expenses

The following table presents the components of other expenses for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
(In millions)	2022		2021		2022		2021
Professional services	$	84	$	75	$	181	$	155
Sales advertising public relations	22		16		41		33
Regulatory fees and assessments	20		19		40		37
Securities processing	12		2		20		14
Bank operations	9		2		13		4
Insurance	2		3		6		6
Donations	7		—		13
Other	106		82		191		172
Total other expenses	$	262	$	199	$	505	$	421

Restructuring and Related Costs

The following table presents aggregate activity for repositioning charges for the periods indicated:

(In millions)	Employee Related Costs		Real Estate Actions		Asset and Other Write-offs		Total
Accrual Balance at December 31, 2020	$	190	$	6	$	—	$	196
Accruals for Beacon	(1)		—		—		(1)
Accruals for Repositioning Charges	—		2		—		2
Payments and Other Adjustments	(9)		(2)		—		(11)
Accrual Balance at March 31, 2021	180		6		—		186
Payments and Other Adjustments	(34)		—		—		(34)
Accrual Balance at June 30, 2021	$	146	$	6	$	—	$	152
Accrual Balance at December 31, 2021	$	68	$	6	$	—	$	74
Payments and Other Adjustments	(17)		(1)		—		(18)
Accrual Balance at March 31, 2022	51		$	5	—		56
Payments and Other Adjustments	(11)		—		—		(11)
Accrual Balance at June 30, 2022	$	40	$	5	$	—	$	45