Segment Reporting (Tables)

9 Months Ended

Aug. 31, 2024

Segment Reporting [Abstract]

Schedule of Net Revenues, Expenses and Total Assets by Segment

	Three Months Ended  August 31,				Nine Months Ended  August 31,
$ in millions	2024		2023		2024		2023
Investment Banking and Capital Markets:
Net revenues	$	1,620.1	$	1,168.2	$	4,565.8	$	3,446.4
Non-interest expenses	1,251.6		1,013.1		3,791.0		2,996.2
Earnings from continuing operations before income taxes	368.5		155.1		774.8		450.2
Asset Management:
Net revenues	59.0		10.1		488.9		47.7
Non-interest expenses	179.3		77.9		586.5		240.0
Losses from continuing operations before income taxes	(120.3)		(67.8)		(97.6)		(192.3)
Total of Reportable Business Segments:
Net revenues	1,679.1		1,178.3		5,054.7		3,494.1
Non-interest expenses	1,430.9		1,091.0		4,377.5		3,236.2
Earnings from continuing operations before income taxes	248.2		87.3		677.2		257.9
Reconciliation to consolidated amounts:
Net revenues	4.5		3.7		23.5		9.1
Non-interest expenses	—		—		—		—
Earnings from continuing operations before income taxes (1)	4.5		3.7		23.5		9.1
Total:
Net revenues	1,683.6		1,182.1		5,078.2		3,503.2
Non-interest expenses	1,430.9		1,091.1		4,377.5		3,236.2
Earnings from continuing operations before income taxes	$	252.7	$	91.0	$	700.7	$	267.0

(1)Management does not consider certain foreign currency transaction gains or losses, debt valuation adjustments on derivative contracts, gains and losses on investments held in deferred compensation or certain other immaterial corporate income and expense items in assessing the financial performance of operating businesses. Collectively, these items are included in the reconciliation of reportable business segment amounts to consolidated amounts.

$ in millions	August 31, 2024		November 30, 2023
Investment Banking and Capital Markets	$	57,712.7	$	51,776.9
Asset Management	5,562.4		6,128.3
Total assets	$	63,275.1	$	57,905.2

Schedule of Net Revenues by Geographic Region

	Three Months Ended  August 31,				Nine Months Ended  August 31,
$ in millions	2024		2023		2024		2023
Americas (1)	$	1,159.3	$	936.9	$	3,612.2	$	2,751.4
Europe and the Middle East (2)	404.3		173.9		1,106.5		534.8
Asia-Pacific	120.0		71.3		359.5		217.0
Net revenues	$	1,683.6	$	1,182.1	$	5,078.2	$	3,503.2

(1)Primarily relates to U.S. results.

(2)Primarily relates to U.K. results.