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Line of Business Information - Summary of Line of Business (Details) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment Reporting Information [Line Items]    
Servicing fees $ 1,228,000,000 $ 1,217,000,000
Management fees 510,000,000 457,000,000
Foreign exchange trading services 331,000,000 342,000,000
Securities finance 96,000,000 109,000,000
Software and processing fees 207,000,000 165,000,000
Other fee revenue 50,000,000 45,000,000
Total fee revenue 2,422,000,000 2,335,000,000
Net interest income 716,000,000 766,000,000
Total revenue 3,138,000,000 3,101,000,000
Provision for credit losses 27,000,000 44,000,000
Total expenses 2,513,000,000 2,369,000,000
Income before income tax expense $ 598,000,000 $ 688,000,000
Pre-tax margin 19.00% 22.00%
Operating Segments | Investment Servicing    
Segment Reporting Information [Line Items]    
Servicing fees $ 1,228,000,000 $ 1,217,000,000
Management fees 0 0
Foreign exchange trading services 308,000,000 321,000,000
Securities finance 90,000,000 103,000,000
Software and processing fees 207,000,000 165,000,000
Other fee revenue 43,000,000 28,000,000
Total fee revenue 1,876,000,000 1,834,000,000
Net interest income 711,000,000 762,000,000
Total revenue 2,587,000,000 2,596,000,000
Provision for credit losses 27,000,000 44,000,000
Total expenses 1,963,000,000 1,978,000,000
Income before income tax expense $ 597,000,000 $ 574,000,000
Pre-tax margin 23.00% 22.00%
Operating Segments | Investment Management    
Segment Reporting Information [Line Items]    
Servicing fees $ 0 $ 0
Management fees 510,000,000 457,000,000
Foreign exchange trading services 23,000,000 21,000,000
Securities finance 6,000,000 6,000,000
Software and processing fees 0 0
Other fee revenue 7,000,000 17,000,000
Total fee revenue 546,000,000 501,000,000
Net interest income 5,000,000 4,000,000
Total revenue 551,000,000 505,000,000
Provision for credit losses 0 0
Total expenses 420,000,000 386,000,000
Income before income tax expense $ 131,000,000 $ 119,000,000
Pre-tax margin 24.00% 24.00%
Other    
Segment Reporting Information [Line Items]    
Servicing fees $ 0 $ 0
Management fees 0 0
Foreign exchange trading services 0 0
Securities finance 0 0
Software and processing fees 0 0
Other fee revenue 0 0
Total fee revenue 0 0
Net interest income 0 0
Total revenue 0 0
Provision for credit losses 0 0
Total expenses 130,000,000 5,000,000
Income before income tax expense $ (130,000,000) $ (5,000,000)