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Line of Business Information - Summary of Line of Business (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information [Line Items]        
Servicing fees $ 1,234,000,000 $ 1,219,000,000 $ 3,710,000,000 $ 3,884,000,000
Management fees 479,000,000 472,000,000 1,397,000,000 1,482,000,000
Foreign exchange trading services 313,000,000 319,000,000 958,000,000 1,009,000,000
Securities finance 103,000,000 110,000,000 329,000,000 313,000,000
Software and processing fees 188,000,000 184,000,000 574,000,000 573,000,000
Other fee revenue 44,000,000 (5,000,000) 147,000,000 (19,000,000)
Total fee revenue 2,361,000,000 2,299,000,000 7,115,000,000 7,242,000,000
Net interest income 624,000,000 660,000,000 2,081,000,000 1,753,000,000
Total other income (294,000,000) 0 (294,000,000) (2,000,000)
Total revenue 2,691,000,000 2,959,000,000 8,902,000,000 8,993,000,000
Provision for credit losses 0 0 26,000,000 10,000,000
Total expenses 2,180,000,000 2,110,000,000 6,761,000,000 6,545,000,000
Income before income tax expense $ 511,000,000 $ 849,000,000 $ 2,115,000,000 $ 2,438,000,000
Pre-tax margin 19.00% 29.00% 24.00% 27.00%
Operating Segments | Investment Servicing        
Segment Reporting Information [Line Items]        
Servicing fees $ 1,234,000,000 $ 1,219,000,000 $ 3,710,000,000 $ 3,884,000,000
Management fees 0 0 0 0
Foreign exchange trading services 278,000,000 293,000,000 875,000,000 948,000,000
Securities finance 98,000,000 105,000,000 310,000,000 300,000,000
Software and processing fees 188,000,000 184,000,000 574,000,000 573,000,000
Other fee revenue 41,000,000 12,000,000 124,000,000 46,000,000
Total fee revenue 1,839,000,000 1,813,000,000 5,593,000,000 5,751,000,000
Net interest income 620,000,000 663,000,000 2,069,000,000 1,760,000,000
Total other income 0 0 0 (2,000,000)
Total revenue 2,459,000,000 2,476,000,000 7,662,000,000 7,509,000,000
Provision for credit losses 0 0 26,000,000 10,000,000
Total expenses 1,798,000,000 1,760,000,000 5,626,000,000 5,452,000,000
Income before income tax expense $ 661,000,000 $ 716,000,000 $ 2,010,000,000 $ 2,047,000,000
Pre-tax margin 27.00% 29.00% 26.00% 27.00%
Operating Segments | Investment Management        
Segment Reporting Information [Line Items]        
Servicing fees $ 0 $ 0 $ 0 $ 0
Management fees 479,000,000 472,000,000 1,397,000,000 1,482,000,000
Foreign exchange trading services 35,000,000 26,000,000 83,000,000 61,000,000
Securities finance 5,000,000 5,000,000 19,000,000 13,000,000
Software and processing fees 0 0 0 0
Other fee revenue 3,000,000 (17,000,000) 23,000,000 (65,000,000)
Total fee revenue 522,000,000 486,000,000 1,522,000,000 1,491,000,000
Net interest income 4,000,000 (3,000,000) 12,000,000 (7,000,000)
Total other income 0 0 0 0
Total revenue 526,000,000 483,000,000 1,534,000,000 1,484,000,000
Provision for credit losses 0 0 0 0
Total expenses 379,000,000 335,000,000 1,126,000,000 1,051,000,000
Income before income tax expense $ 147,000,000 $ 148,000,000 $ 408,000,000 $ 433,000,000
Pre-tax margin 28.00% 31.00% 27.00% 29.00%
Other        
Segment Reporting Information [Line Items]        
Servicing fees $ 0 $ 0 $ 0 $ 0
Management fees 0 0 0 0
Foreign exchange trading services 0 0 0 0
Securities finance 0 0 0 0
Software and processing fees 0 0 0 0
Other fee revenue 0 0 0
Total fee revenue 0 0 0 0
Net interest income 0 0 0 0
Total other income (294,000,000) 0 (294,000,000) 0
Total revenue (294,000,000) 0 (294,000,000) 0
Provision for credit losses 0 0 0 0
Total expenses 3,000,000 15,000,000 9,000,000 42,000,000
Income before income tax expense $ (297,000,000) $ (15,000,000) $ (303,000,000) $ (42,000,000)