Expenses (Tables)

6 Months Ended

Jun. 30, 2024

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)	2024		2023		2024		2023
Professional services	$	111	$	110	$	221	$	216
Sales advertising and public relations	34		30		59		53
Securities processing	19		15		27		25
Bank operations	14		13		22		24
Regulatory fees and assessments(1)	9		18		150		44
Donations	1		7		26		14
Other	112		93		213		180
Total other expenses	$	300	$	286	$	718	$	556

(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.

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, 2022	$	83	$	5	$	88
Payments and other adjustments	(14)		(1)		(15)
Accrual Balance at March 31, 2023	69		4		73
Payments and Other Adjustments	(16)		(1)		(17)
Accrual Balance at June 30, 2023	$	53	$	3	$	56
Accrual Balance at December 31, 2023	$	207	$	1	$	208
Payments and other adjustments	(19)		—		(19)
Accrual Balance at March 31, 2024	188		1		189
Payments and Other Adjustments	(37)		—		(37)
Accrual Balance at June 30, 2024	$	151	$	1	$	152