Revenues from Contracts with Customers (Tables)

3 Months Ended

Feb. 28, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

	Three Months Ended
$ in thousands	February 28, 2025	February 29, 2024
Revenues from contracts with customers:
Investment banking .....................................................	$725,661	$679,065
Commissions and other fees ....................................	287,965	245,543
Asset management fees .............................................	45,808	29,361
Real estate revenues ...................................................	11,081	3,149
Internet connection and broadband revenues (1) ...	57,804	63,616
Other contracts with customers ................................	16,107	14,099
Total revenue from contracts with customers .......	1,144,426	1,034,833
Other sources of revenue:
Principal transactions ..................................................	407,230	640,736
Revenues from strategic affiliates ............................	43,449	21,011
Interest ...........................................................................	845,171	819,489
Other (1) .........................................................................	32,588	35,873
Total revenues .............................................................	$2,472,864	$2,551,942

(1)There was an immaterial correction associated with classification of certain

revenue as revenue from contracts with customers, which resulted in a

$63.6 million decrease in other revenue and a $63.6 million increase in

internet connection and broadband revenues for the three months ended

February 29, 2024.

	Three Months Ended February 28, 2025
$ in thousands	Investment Banking and Capital Markets	Asset Management	Total
Major business activity:
Investment banking - Advisory ................	$397,780	$—	$397,780
Investment banking - Underwriting .........	327,881	—	327,881
Equities (1) .................................................	286,050	—	286,050
Fixed income (1) ........................................	1,915	—	1,915
Asset management ...................................	—	45,808	45,808
Other investments .....................................	—	84,992	84,992
Total ............................................................	$1,013,626	$130,800	$1,144,426
Primary geographic region:
Americas .....................................................	$748,675	$71,070	$819,745
Europe and the Middle East .....................	173,121	58,794	231,915
Asia-Pacific ................................................	91,830	936	92,766
Total ............................................................	$1,013,626	$130,800	$1,144,426

	Three Months Ended February 29, 2024
$ in thousands	Investment Banking and Capital Markets	Asset Management	Total
Major business activity:
Investment banking - Advisory ................	$338,568	$—	$338,568
Investment banking - Underwriting .........	340,497	—	340,497
Equities (1) .................................................	242,576	—	242,576
Fixed income (1) ........................................	2,430	—	2,430
Asset management ...................................	—	29,361	29,361
Other investments (2) ...............................	—	81,401	81,401
Total ............................................................	$924,071	$110,762	$1,034,833
Primary geographic region:
Americas .....................................................	$730,377	$45,199	$775,576
Europe and the Middle East (2) ...............	126,002	64,722	190,724
Asia-Pacific ................................................	67,692	841	68,533
Total ............................................................	$924,071	$110,762	$1,034,833

(1)Revenues from contracts with customers associated with the equities and

fixed income businesses primarily represent commissions and other fee

revenue.

(2)There was an immaterial correction associated with classification of certain

revenue as revenue from contracts with customers, which resulted in a

$63.6 million increase in Other investments within major business activities

and a $63.6 million increase in Europe and the Middle East under primary

geographic regions for the three months ended February 29, 2024.