Expenses

6 Months Ended

Jun. 30, 2026

Other Expenses [Abstract]

Expenses

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)	2026		2025		2026		2025
Professional services	$	124	$	107	$	228	$	217
Sales advertising and public relations	57		39		91		64
Amortization of other intangible assets	55		56		112		110
Donations	18		8		18		12
Bank operations	13		14		23		27
Regulatory fees and assessments	10		13		22		26
Securities processing	3		15		13		19
Other	122		109		244		216
Total other expenses	$	402	$	361	$	751	$	691

Repositioning Charges

In the first quarter of 2026, we recorded a repositioning charge of $89 million, including $79 million of compensation and employee benefits expenses related to workforce rationalization, $1 million of occupancy costs associated with real estate footprint optimization, and $9 million associated with operating model changes reflected in information systems and communications.

The following table presents aggregate activity for repositioning charges for the periods indicated:

(In millions)	Employee Related Costs		Other		Total
Accrual Balance at December 31, 2024	$	96	$	—	$	96
Payments and other adjustments	(14)		—		(14)
Accrual Balance at March 31, 2025	82		—		82
Accruals for repositioning charges	100		—		100
Payments and other adjustments	(19)		—		(19)
Accrual Balance at June 30, 2025	$	163	$	—	$	163
Accrual Balance at December 31, 2025	$	208	$	—	$	208
Accruals for repositioning charges	79		10		89
Payments and other adjustments	(30)		(10)		(40)
Accrual Balance at March 31, 2026	257		—		257
Payments and other adjustments	(39)		—		(39)
Accrual Balance at June 30, 2026	$	218	$	—	$	218