SECURITIZATIONS AND VARIABLE INTEREST ENTITIES - Municipal Securities Tender Option Bond Trusts (Details) - USD ($) $ in Billions |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Sep. 30, 2018 |
Sep. 30, 2017 |
Sep. 30, 2018 |
Sep. 30, 2017 |
Dec. 31, 2017 |
|
Client intermediation | |||||
Variable Interest Entity | |||||
Proceeds from new securitizations | $ 0.2 | $ 0.2 | $ 0.7 | $ 0.9 | |
Municipal securities tender option bond trusts (TOBs) | |||||
Variable Interest Entity | |||||
Liquidity agreements, customer TOB trust | 4.1 | 4.1 | $ 3.2 | ||
Notional amount of offsetting reimbursement agreements | 2.2 | 2.2 | 2.0 | ||
Liquidity agreements, other trusts | $ 6.1 | $ 6.1 | $ 6.1 | ||
Municipal securities tender option bond trusts (TOBs) | Maximum | |||||
Variable Interest Entity | |||||
The threshold ownership percentage on Residual value of customers TOBs for which the reimbursement agreement applied | 25.00% |