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Line of Business Information - Summary of Line of Business (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Servicing fees $ 5,016 $ 4,922 $ 5,087
Management fees 2,124 1,876 1,939
Foreign exchange trading services 1,401 1,265 1,376
Securities finance 438 426 416
Software and processing fees 888 811 789
Other fee revenue 289 180 (1)
Total fee revenue 10,156 9,480 9,606
Net interest income 2,923 2,759 2,544
Total other income (79) (294) (2)
Total revenue 13,000 11,945 12,148
Provision for credit losses 75 46 20
Compensation and employee benefits expenses 4,697 4,744 4,428
Information systems and communications 1,829 1,703 1,630
Transaction processing services 998 957 971
Other 2,006 2,179 1,772
Total expenses 9,530 9,583 8,801
Income before income tax expense $ 3,395 $ 2,316 $ 3,327
Pre-tax margin 26.00% 19.00% 27.00%
Average assets (in billions) $ 311,700 $ 274,700 $ 286,400
Operating Segments | Investment
Servicing      
Segment Reporting Information [Line Items]      
Servicing fees 5,016 4,922 5,087
Management fees 0 0 0
Foreign exchange trading services 1,248 1,140 1,271
Securities finance 415 402 397
Software and processing fees 888 811 789
Other fee revenue 188 145 46
Total fee revenue 7,755 7,420 7,590
Net interest income 2,899 2,740 2,551
Total other income 2 0 (2)
Total revenue 10,656 10,160 10,139
Provision for credit losses 75 46 20
Compensation and employee benefits expenses 4,078 4,033 3,896
Information systems and communications 1,743 1,568 1,535
Transaction processing services 825 777 809
Other 1,041 1,035 1,020
Total expenses 7,687 7,413 7,260
Income before income tax expense $ 2,894 $ 2,701 $ 2,859
Pre-tax margin 27.00% 27.00% 28.00%
Average assets (in billions) $ 308,500 $ 271,500 $ 283,200
Operating Segments | Investment Management      
Segment Reporting Information [Line Items]      
Servicing fees 0 0 0
Management fees 2,124 1,876 1,939
Foreign exchange trading services 138 125 82
Securities finance 23 24 19
Software and processing fees 0 0 0
Other fee revenue 35 35 (47)
Total fee revenue 2,320 2,060 1,993
Net interest income 24 19 (7)
Total other income 0 0 0
Total revenue 2,344 2,079 1,986
Provision for credit losses 0 0 0
Compensation and employee benefits expenses 555 520 478
Information systems and communications 86 94 95
Transaction processing services 173 180 162
Other 841 746 661
Total expenses 1,655 1,540 1,396
Income before income tax expense $ 689 $ 539 $ 590
Pre-tax margin 29.00% 26.00% 30.00%
Average assets (in billions) $ 3,200 $ 3,200 $ 3,200
Other      
Segment Reporting Information [Line Items]      
Servicing fees 0 0 0
Management fees 0 0 0
Foreign exchange trading services 15 0 23
Securities finance 0 0 0
Software and processing fees 0 0 0
Other fee revenue 66 0 0
Total fee revenue 81 0 23
Net interest income 0 0 0
Total other income (81) (294) 0
Total revenue 0 (294) 23
Provision for credit losses 0 0 0
Compensation and employee benefits expenses 64 191 54
Information systems and communications 0 41 0
Transaction processing services 0 0 0
Other 124 398 91
Total expenses 188 630 145
Income before income tax expense $ (188) $ (924) $ (122)