Trading Assets and Liabilities and Derivatives(Tables)

12 Months Ended

Dec. 31, 2013

Trading Assets and Liabilities and Derivatives [Abstract]

Trading Securities (and Certain Trading Assets) [Table Text Block]

(Dollars in millions)	2013		2012
Trading Assets and Derivatives:
U.S. Treasury securities		$219		$111
Federal agency securities	426		462
U.S. states and political subdivisions	65		34
MBS - agency	323		432
CDO/CLO securities	57		55
ABS	6		36
Corporate and other debt securities	534		567
CP	29		28
Equity securities	109		100
Derivatives 1, 2	1,384		2,083
Trading loans 3	1,888		2,319
Total trading assets and derivatives		$5,040		$6,227
Trading Liabilities and Derivatives:
U.S. Treasury securities		$472		$582
Corporate and other debt securities	179		173
Equity securities	5		9
Derivatives 1, 2	525		412
Total trading liabilities and derivatives		$1,181		$1,176

¹ Certain derivative assets of $37 million and derivative liabilities of $49 million are presented in trading assets and derivatives and trading liabilities and derivatives, respectively, at December 31, 2013. Previously, these derivative assets and liabilities were presented in other assets and other liabilities, respectively, in the Consolidated Balance Sheets. For comparative purposes,$178 million of derivative assets and $15 millionof derivative liabilities have been reclassified to trading assets and derivatives and trading liabilities and derivatives, respectively, atDecember 31, 2012.

² Amounts include the impact of offsetting cash collateral received from and paid to the same derivative counterparties and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists.

³ Includes loans related to TRS.

Trading Assets and Liabilities and Derivatives [Text Block]

NOTE 4 - TRADING ASSETS AND LIABILITIES AND DERIVATIVES

The fair values of the components of trading assets and liabilities and derivatives at December 31 were as follows:

(Dollars in millions)	2013		2012
Trading Assets and Derivatives:
U.S. Treasury securities		$219		$111
Federal agency securities	426		462
U.S. states and political subdivisions	65		34
MBS - agency	323		432
CDO/CLO securities	57		55
ABS	6		36
Corporate and other debt securities	534		567
CP	29		28
Equity securities	109		100
Derivatives 1, 2	1,384		2,083
Trading loans 3	1,888		2,319
Total trading assets and derivatives		$5,040		$6,227
Trading Liabilities and Derivatives:
U.S. Treasury securities		$472		$582
Corporate and other debt securities	179		173
Equity securities	5		9
Derivatives 1, 2	525		412
Total trading liabilities and derivatives		$1,181		$1,176

¹ Certain derivative assets of $37 million and derivative liabilities of $49 million are presented in trading assets and derivatives and trading liabilities and derivatives, respectively, at December 31, 2013. Previously, these derivative assets and liabilities were presented in other assets and other liabilities, respectively, in the Consolidated Balance Sheets. For comparative purposes,$178 million of derivative assets and $15 millionof derivative liabilities have been reclassified to trading assets and derivatives and trading liabilities and derivatives, respectively, atDecember 31, 2012.

² Amounts include the impact of offsetting cash collateral received from and paid to the same derivative counterparties and the impact of netting derivative assets and derivative liabilities when a legally enforceable master netting agreement or similar agreement exists.

³ Includes loans related to TRS.

Various trading products and derivative instruments are used as part of the Company’s overall balance sheet management strategies and to support client requirements executed through the Bank and/or its broker/dealer subsidiary. The Company manages the potential market volatility associated with the trading instruments that are utilized for balance sheet management with appropriate risk management strategies. The size, volume, and nature of the trading products and derivative instruments can vary based on economic, client specific, and Company specific asset or liability conditions. Product offerings to clients include debt securities, loans traded in the secondary market, equity securities, derivative and foreign exchange contracts, and similar financial instruments. Other trading-related activities include acting as a market maker in certain debt and equity securities and related derivatives. The Company also uses end user derivatives to manage interest rate and market risk from non-trading activities. The Company has policies and procedures to manage market risk associated with client trading activities as well as non-trading activities and assumes a limited degree of market risk by managing the size and nature of its exposure. The Company has pledged $731 million and $727 million of certain trading securities to secure $717 million and $703 million of repurchase agreements at December 31, 2013 and 2012, respectively. Additionally, the Company has pledged $97 million and $86 million of certain trading securities to secure certain derivative agreements at December 31, 2013 and 2012, respectively.