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Segment Reporting (Tables)
12 Months Ended
Nov. 30, 2024
Segment Reporting [Abstract]  
Schedule of Net Revenues, Expenses and Total Assets by Segment
Year Ended November 30,
$ in millions
2024
2023
2022
Investment Banking and Capital Markets:
Net revenues ..................................................
$6,204.3
$4,504.4
$4,741.3
Non-interest expenses ..................................
5,181.5
3,995.1
3,950.8
Earnings from continuing operations
before income taxes .....................................
1,022.8
509.3
790.5
Asset Management:
Net revenues ..................................................
803.7
188.3
1,243.5
Non-interest expenses ..................................
847.8
351.0
967.0
Earnings (loss) from continuing
operations before income taxes .................
(44.1)
(162.7)
276.5
Total of Reportable Business Segments:
Net revenues ..................................................
7,008.0
4,692.7
5,984.8
Non-interest expenses ..................................
6,029.3
4,346.1
4,917.8
Earnings from continuing operations
before income taxes .....................................
978.7
346.6
1,067.0
Reconciliation to consolidated amounts:
Net revenues ..................................................
26.8
7.7
(6.0)
Non-interest expenses ..................................
5.4
Earnings (losses) before income taxes (1)
26.8
7.7
(11.4)
Total:
Net revenues ..................................................
7,034.8
4,700.4
5,978.8
Non-interest expenses ..................................
6,029.3
4,346.1
4,923.2
Earnings from continuing operations
before income taxes .....................................
$1,005.5
$354.3
$1,055.6
(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.
Total assets by reportable segment:
November 30,
$ in millions
2024
2023
Investment Banking and Capital Markets .................
$59,142.9
$51,776.9
Asset Management ......................................................
5,217.4
6,128.3
Total assets ..................................................................
$64,360.3
$57,905.2
Schedule of Net Revenues by Geographic Region
Year Ended November 30,
$ in millions
2024
2023
2022
Americas (1) .....................................
$4,952.3
$3,625.6
$4,815.4
Europe and the Middle East (2) .....
1,577.5
775.9
925.4
Asia-Pacific ......................................
505.0
298.9
238.0
Net revenues ....................................
$7,034.8
$4,700.4
$5,978.8
(1)Primarily relates to U.S. results.
(2)Primarily relates to U.K. results.