Expenses (Tables)

9 Months Ended

Sep. 30, 2022

Other Expenses [Abstract]

Schedule of Expenses

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

	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions)	2022		2021		2022		2021
Professional services	$	92	$	91	$	273	$	246
Sales advertising and public relations	28		13		69		46
Securities processing	21		8		41		22
Regulatory fees and assessments	19		16		63		53
Bank operations	11		3		24		7
Donations	7		—		20		1
Other	96		90		289		267
Total other expenses	$	274	$	221	$	779	$	642

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		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
Payments and Other Adjustments	(23)		—		(23)
Accrual Balance at September 30, 2021	$	123	$	6	$	129
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
Payments and Other Adjustments	(5)		—		(5)
Accrual Balance at September 30, 2022	$	35	$	5	$	40