Net interest revenue (Tables)

6 Months Ended

Jun. 30, 2012

Net Interest Revenue

Net interest revenue	Quarter ended						Year-to-date
(in millions)		June 30, 2012		March 31, 2012		June 30, 2011		June 30, 2012		June 30, 2011
Interest revenue
Non-margin loans	$	169	$	169	$	171	$	338	$	342
Margin loans		42		42		32		84		59
Securities:
Taxable		484		503		483		987		956
Exempt from federal income taxes		20		15		8		35		13
Total securities		504		518		491		1,022		969
Deposits in banks		93		114		144		207		272
Deposits with the Federal Reserve and other central banks		39		43		27		82		43
Federal funds sold and securities purchased under resale agreements		9		9		5		18		11
Trading assets		19		17		17		36		39
Total interest revenue		875		912		887		1,787		1,735
Interest expense
Deposits		43		43		68		86		116
Federal funds purchased and securities sold under repurchase agreements		-		-		1		-		2
Trading liabilities		6		4		9		10		22
Other borrowed funds		6		5		5		11		12
Customer payables		2		2		1		4		3
Long-term debt		84		93		72		177		151
Total interest expense		141		147		156		288		306
Net interest revenue	$	734	$	765	$	731	$	1,499	$	1,429