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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill [Table Text Block]
(Dollars in millions)
Retail
Banking
 
Diversified
Commercial
Banking
 
CIB
 
W&IM
 
Consumer Banking and Private Wealth Management
 
Wholesale Banking
 
Total
Balance, January 1, 2013

$—

 

$—

 

$—

 

$—

 

$3,962

 

$2,407

 

$6,369

Intersegment transfers

 

 

 

 
300

 
(300
)
 

Balance, June 30, 2013

$—

 

$—

 

$—

 

$—

 

$4,262

 

$2,107

 

$6,369

Balance, January 1, 2012

$4,854

 

$928

 

$180

 

$382

 

$—

 

$—

 

$6,344

Intersegment transfers
(4,854
)
 
(928
)
 
(180
)
 
(382
)
 
3,930

 
2,414

 

Acquisition of FirstAgain, LLC

 

 

 

 
32

 

 
32

Balance, June 30, 2012

$—

 

$—

 

$—

 

$—

 

$3,962

 

$2,414

 

$6,376

Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block]
(Dollars in millions)
Core Deposit  
Intangibles
 
 MSRs -
Fair Value
 
Other
 
Total
Balance, January 1, 2013

$17

 

$899

 

$40

 

$956

Amortization
(7
)
 

 
(5
)
 
(12
)
MSRs originated

 
203

 

 
203

Changes in fair value:
 
 
 
 
 
 
 
Due to changes in inputs and assumptions 1

 
250

 

 
250

Other changes in fair value 2

 
(152
)
 

 
(152
)
Sale of MSRs

 
(1
)
 

 
(1
)
Balance, June 30, 2013

$10

 

$1,199

 

$35

 

$1,244

Balance, January 1, 2012

$38

 

$921

 

$58

 

$1,017

Amortization
(11
)
 

 
(11
)
 
(22
)
MSRs originated

 
161

 

 
161

Changes in fair value:
 
 
 
 
 
 
 
Due to changes in inputs and assumptions 1

 
(102
)
 

 
(102
)
Other changes in fair value 2

 
(112
)
 

 
(112
)
Sale of MSRs

 
(3
)
 

 
(3
)
Balance, June 30, 2012

$27

 

$865

 

$47

 

$939

1 Primarily reflects changes in discount rates and prepayment speed assumptions, due to changes in interest rates.
2 Represents changes due to the collection of expected cash flows, net of accretion, due to the passage of time.
Key Characteristics, Inputs, and Economic Assumptions Used to Estimate the Fair Value of the Company's MSRs
(Dollars in millions)
June 30, 2013
 
December 31, 2012
Fair value of retained MSRs

$1,199

 

$899

Prepayment rate assumption (annual)
10
%
 
16
%
Decline in fair value from 10% adverse change

$42

 

$50

Decline in fair value from 20% adverse change
82

 
95

Discount rate (annual)
11
%
 
11
%
Decline in fair value from 10% adverse change

$57

 

$37

Decline in fair value from 20% adverse change
109

 
70

Weighted-average life (in years)
6.7

 
4.9

Weighted-average coupon
4.5
%
 
4.8
%