Commitments and Contingent Liabilities (Tables)

9 Months Ended

Sep. 30, 2014

Commitments and Contingencies Disclosure [Abstract]

Significant Industry Concentrations Related to Credit Exposure

Significant industry concentrations related to credit exposure at Sept. 30, 2014 are disclosed in the financial institutions portfolio exposure table and the commercial portfolio exposure table below.

Financial institutions portfolio exposure (in billions)	Sept. 30, 2014
	Loans		Unfunded commitments		Total exposure
Banks	$	9.0	$	1.6	$	10.6
Asset managers	1.5		4.6		6.1
Securities industry	3.6		1.3		4.9
Insurance	0.1		4.0		4.1
Government	—		3.0		3.0
Other	0.4		1.0		1.4
Total	$	14.6	$	15.5	$	30.1

Commercial portfolio exposure (in billions)	Sept. 30, 2014
	Loans		Unfunded commitments		Total exposure
Services and other	$	0.7	$	5.8	$	6.5
Energy and utilities	0.4		5.7		6.1
Manufacturing	0.3		5.6		5.9
Media and telecom	0.1		1.6		1.7
Total	$	1.5	$	18.7	$	20.2

Summary of Off-Balance Sheet Credit Risks, Net of Participations

The following table presents a summary of our off-balance sheet credit risks, net of participations.

Off-balance sheet credit risks	Sept. 30,		Dec. 31,
(in millions)	2014		2013
Lending commitments (a)	$	32,961	$	34,039
Standby letters of credit (b)	5,862		6,721
Commercial letters of credit	339		310
Securities lending indemnifications (c)	299,304		244,382

(a) There were no participations at Sept. 30, 2014. Net of participations totaling $6 million at Dec. 31, 2013.

(b) Net of participations totaling $773 million at Sept. 30, 2014 and $720 million at Dec. 31, 2013.

(c) Excludes the indemnification for securities for which BNY Mellon acts as an agent on behalf of CIBC Mellon clients, which totaled $65 billion at Sept. 30, 2014 and $60 billion at Dec. 31, 2013.

Standby Letters of Credits by Investment Grade

The table below shows SBLCs by investment grade:

Standby letters of credit	Sept. 30,		Dec. 31,
	2014		2013
Investment grade	90	%	86	%
Non-investment grade	10	%	14	%