Expenses (Tables)

3 Months Ended

Mar. 31, 2025

Other Expenses [Abstract]

Schedule of Expenses

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

	Three Months Ended March 31,
(In millions)	2025		2024
Professional services	$	110	$	110
Sales advertising and public relations	25		25
Regulatory fees and assessments(1)	13		141
Bank operations	13		8
Donations	4		25
Securities processing	4		8
Other	107		101
Total other expenses	$	276	$	418

(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 SVB 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, 2023	$	207	$	1	$	208
Payments and other adjustments	(19)		—		(19)
Accrual Balance at March 31, 2024	$	188	$	1	$	189
Accrual Balance at December 31, 2024	96		—		96
Payments and other adjustments	(14)		—		(14)
Accrual Balance at March 31, 2025	$	82	$	—	$	82