Segment Reporting (Tables)

9 Months Ended

Aug. 31, 2017

Segment Reporting [Abstract]

Net Revenues, Expenses and Total Assets by Segment

Our net revenues, non-interest expenses and earnings (loss) before income taxes by reportable business segment are summarized below (in millions):

	Three Months Ended   August 31,						Nine Months Ended   August 31,
	2017			2016			2017			2016
Capital Markets:
Net revenues	$	788.4		$	641.9		$	2,349.6		$	1,601.6
Non-interest expenses	663.4			558.2			1,971.9			1,693.6
Earnings (loss) before income taxes	$	125.0		$	83.7		$	377.7		$	(92.0	)
Asset Management:
Net revenues	$	12.3		$	12.6		$	25.9		$	71.2
Non-interest expenses	15.0			15.5			41.0			45.8
Earnings (loss) before income taxes	$	(2.7	)	$	(2.9	)	$	(15.1	)	$	25.4
Total:
Net revenues	$	800.7		$	654.5		$	2,375.5		$	1,672.8
Non-interest expenses	678.4			573.7			2,012.9			1,739.4
Earnings (loss) before income taxes	$	122.3		$	80.8		$	362.6		$	(66.6	)

The following table summarizes our total assets by reportable business segment (in millions):

	August 31, 2017		November 30, 2016
Total Assets by Reportable Business Segment:
Capital Markets	$	38,353.1	$	35,931.8
Asset Management	1,005.3		1,009.5
Total assets	$	39,358.4	$	36,941.3

Net Revenues by Geographic Region

Net revenues by geographic region were as follows (in thousands):

	Three Months Ended   August 31,				Nine Months Ended   August 31,
	2017		2016		2017		2016
Americas (1)	$	674,467	$	500,190	$	1,921,703	$	1,257,192
Europe (2)	99,147		126,476		378,448		349,700
Asia	27,078		27,784		75,348		65,953
Net revenues	$	800,692	$	654,450	$	2,375,499	$	1,672,845

(1) Substantially all relates to U.S. results.

(2)

Substantially all relates to U.K. results.