Segment Reporting (Tables)

12 Months Ended

Nov. 30, 2021

Segment Reporting [Abstract]

Schedule of 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):

	Year Ended November 30,
	2021		2020		2019
Investment Banking and Capital Markets:
Net revenues	$	6,796.6	$	4,989.2	$	3,036.0
Non-interest expenses	4,699.4		3,869.3		2,688.9
Earnings before income taxes	$	2,097.2	$	1,119.9	$	347.1
Asset Management:
Net revenues	$	247.2	$	208.3	$	76.5
Non-interest expenses	160.4		150.7		98.9
Earnings (loss) before income taxes	$	86.8	$	57.6	$	(22.4)
Total:
Net revenues	$	7,043.8	$	5,197.5	$	3,112.5
Non-interest expenses	4,859.8		4,020.0		2,787.8
Earnings before income taxes	$	2,184.0	$	1,177.5	$	324.7

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

	November 30,
	2021		2020
Investment Banking and Capital Markets	$	51,697.4	$	44,488.1
Asset Management	3,071.5		3,263.9
Total assets	$	54,768.9	$	47,752.0

Summary Net Revenues by Geographic Region

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

	Year Ended November 30,
	2021		2020		2019
Americas (1)	$	5,656.4	$	4,060.0	$	2,407.6
Europe (2)	1,109.6		852.0		592.8
Asia Pacific	277.8		285.5		112.1
Net revenues	$	7,043.8	$	5,197.5	$	3,112.5

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

(2)Substantially all relates to U.K. results.