Expenses

3 Months Ended

Mar. 31, 2024

Other Expenses [Abstract]

Expenses

Expenses

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

	Three Months Ended March 31,
(In millions)	2024		2023
Regulatory fees and assessments(1)	$	141	$	26
Professional services	110		106
Sales advertising and public relations	25		23
Donations	25		7
Securities processing	8		10
Bank operations	8		11
Other	101		87
Total other expenses	$	418	$	270

(1) First quarter of 2024 other expenses included a $130 million increase to the FDIC special assessment recorded in the fourth quarter of 2023, primarily related to the increase to the FDIC’s estimate of losses to the DIF associated with the closures of Silicon Valley Bank and Signature Bank.

Repositioning Charges

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, 2022	$	83	$	5	$	88
Payments and other adjustments	(14)		(1)		(15)
Accrual Balance at March 31, 2023	$	69	$	4	$	73
Accrual Balance at December 31, 2023	207		1		208
Payments and other adjustments	(19)		—		(19)
Accrual Balance at March 31, 2024	$	188	$	1	$	189