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Net interest revenue (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Interest revenue          
Deposits with the Federal Reserve and other central banks $ (21) $ (25) $ (10) $ (62) $ 63
Deposits with banks 12 11 20 37 118
Federal funds sold and securities purchased under resale agreements 32 25 48 89 505
Margin loans 52 49 41 146 168
Non-margin loans 186 188 199 559 738
Securities:          
Taxable 413 415 499 1,278 1,649
Exempt from federal income taxes 11 11 7 31 19
Total securities 424 426 506 1,309 1,668
Trading securities 8 11 16 38 73
Total interest revenue 693 685 820 2,116 3,333
Interest expense          
Deposits (44) (49) (29) (130) 194
Federal funds purchased and securities sold under repurchase agreements 2 (5) 6 (6) 282
Trading liabilities 1 2 2 6 11
Other borrowed funds 3 1 3 6 14
Commercial paper 0 0 0 0 7
Customer payables (1) 0 0 (2) 29
Long-term debt 91 91 135 301 499
Total interest expense 52 40 117 175 1,036
Net interest revenue 641 645 703 1,941 2,297
Provision for credit losses (45) (86) 9 (214) 321
Net interest revenue after provision for credit losses $ 686 $ 731 $ 694 $ 2,155 $ 1,976