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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Summary on Reconciliation of Results under Group Reporting Basis to US GAAP
The following table summarizes the results for each segment on a Group Reporting Basis, as well as provides a reconciliation of total results under the Group Reporting Basis to U.S. GAAP consolidated totals:
 
Group Reporting Basis Consolidated Amounts
 
 
 
 
 
 
 
RBWM
 
CMB
 
GB&M
 
PB
 
Other
 
Adjustments/
Reconciling
Items
 
Total
 
Group Reporting Basis
Adjustments(3)
 
Group Reporting Basis
Reclassi-
fications(4)
 
U.S. GAAP
Consolidated
Totals
 
(in millions)
Year Ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income(1)
$
807

 
$
735

 
$
780

 
$
202

 
$
(51
)
 
$
(2
)
 
$
2,471

 
$
(76
)
 
$
89

 
$
2,484

Other operating income
370

 
227

 
766

 
89

 
69

 
2

 
1,523

 
(104
)
 
(87
)
 
1,332

Total operating income
1,177

 
962

 
1,546

 
291

 
18

 
—

 
3,994

 
(180
)
 
2

 
3,816

Loan impairment charges
60

 
50

 
384

 
—

 
—

 
—

 
494

 
(78
)
 
(44
)
 
372

 
1,117

 
912

 
1,162

 
291

 
18

 
—

 
3,500

 
(102
)
 
46

 
3,444

Operating expenses(2)
1,144

 
588

 
987

 
232

 
255

 
—

 
3,206

 
(26
)
 
46

 
3,226

Profit (loss) before income tax expense
$
(27
)
 
$
324

 
$
175

 
$
59

 
$
(237
)
 
$
—

 
$
294

 
$
(76
)
 
$
—

 
$
218

Balances at end of period:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
$
20,203

 
$
25,082

 
$
192,995

 
$
7,714

 
$
512

 
$
—

 
$
246,506

 
$
(45,234
)
 
$
29

 
$
201,301

Total loans, net
17,473

 
24,125

 
24,842

 
6,024

 
—

 
—

 
72,464

 
(405
)
 
799

 
72,858

Goodwill
581

 
358

 
—

 
325

 
—

 
—

 
1,264

 
348

 
—

 
1,612

Total deposits
32,472

 
22,005

 
29,249

 
11,618

 
—

 
—

 
95,344

 
(4,379
)
 
38,283

 
129,248

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income(1)
$
793

 
$
736

 
$
621

 
$
201

 
$
(22
)
 
$
(12
)
 
$
2,317

 
$
(78
)
 
$
231

 
$
2,470

Other operating income
336

 
244

 
1,017

 
99

 
239

 
12

 
1,947

 
(39
)
 
(236
)
 
1,672

Total operating income
1,129

 
980

 
1,638

 
300

 
217

 
—

 
4,264

 
(117
)
 
(5
)
 
4,142

Loan impairment charges
65

 
139

 
65

 
(5
)
 
—

 
—

 
264

 
130

 
(33
)
 
361

 
1,064

 
841

 
1,573

 
305

 
217

 
—

 
4,000

 
(247
)
 
28

 
3,781

Operating expenses(2)
1,185

 
608

 
1,055

 
245

 
152

 
—

 
3,245

 
(52
)
 
28

 
3,221

Profit (loss) before income tax expense
$
(121
)
 
$
233

 
$
518

 
$
60

 
$
65

 
$
—

 
$
755

 
$
(195
)
 
$
—

 
$
560

Balances at end of period:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
$
20,396

 
$
26,763

 
$
178,143

 
$
8,428

 
$
800

 
$
—

 
$
234,530

 
$
(46,569
)
 
$
317

 
$
188,278

Total loans, net
17,396

 
23,538

 
30,565

 
6,715

 
—

 
—

 
78,214

 
317

 
3,474

 
82,005

Goodwill
581

 
358

 
—

 
325

 
—

 
—

 
1,264

 
348

 
—

 
1,612

Total deposits
31,814

 
20,599

 
27,921

 
13,811

 
—

 
—

 
94,145

 
(4,097
)
 
28,531

 
118,579

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net interest income(1)
$
820

 
$
703

 
$
457

 
$
199

 
$
60

 
$
(3
)
 
$
2,236

 
$
(74
)
 
$
142

 
$
2,304

Other operating income
417

 
272

 
1,067

 
104

 
36

 
3

 
1,899

 
(132
)
 
(161
)
 
1,606

Total operating income
1,237

 
975

 
1,524

 
303

 
96

 
—

 
4,135

 
(206
)
 
(19
)
 
3,910

Loan impairment charges
29

 
36

 
70

 
(8
)
 
—

 
—

 
127

 
80

 
(19
)
 
188

 
1,208

 
939

 
1,454

 
311

 
96

 
—

 
4,008

 
(286
)
 
—

 
3,722

Operating expenses(2)
1,294

 
561

 
1,363

 
238

 
126

 
—

 
3,582

 
(158
)
 
—

 
3,424

Profit (loss) before income tax expense
$
(86
)
 
$
378

 
$
91

 
$
73

 
$
(30
)
 
$
—

 
$
426

 
$
(128
)
 
$
—

 
$
298

Balances at end of period:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets
$
19,731

 
$
25,122

 
$
185,750

 
$
8,184

 
$
849

 
$
—

 
$
239,636

 
$
(54,138
)
 
$
41

 
$
185,539

Total loans, net
16,787

 
23,890

 
26,497

 
6,528

 
—

 
—

 
73,702

 
1,032

 
2,327

 
77,061

Goodwill
581

 
358

 
—

 
325

 
—

 
—

 
1,264

 
348

 
—

 
1,612

Total deposits
29,005

 
20,275

 
32,613

 
10,818

 
—

 
—

 
92,711

 
(4,811
)
 
28,218

 
116,118

 
(1) 
Net interest income of each segment represents the difference between actual interest earned on assets and interest paid on liabilities of the segment adjusted for a funding charge or credit. Segments are charged a cost to fund assets (e.g. customer loans) and receive a funding credit for funds provided (e.g. customer deposits) based on equivalent market rates. The objective of these charges/credits is to transfer interest rate risk from the segments to one centralized unit in Balance Sheet Management and more appropriately reflect the profitability of the segments.
(2) 
Expenses for the segments include fully apportioned corporate overhead expenses.
(3) 
Represents adjustments associated with differences between U.S. GAAP and the Group Reporting Basis. These adjustments, which are more fully described above, consist of the following:
 
Net
Interest
Income
 
Other
Revenues
 
Provision
for Credit
Losses
 
Operating
Expenses
 
Profit (Loss)
before Income
Tax Expense
 
Total
Assets
 
(in millions)
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Unquoted equity securities
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
(163
)
Derivatives
—

 
—

 
—

 
—

 
—

 
(44,911
)
Loan impairment
(57
)
 
7

 
(58
)
 
1

 
7

 
(326
)
Property
—

 
—

 
—

 
(19
)
 
19

 
16

Pension and other postretirement benefit costs
—

 
—

 
—

 
19

 
(19
)
 
(191
)
Goodwill
—

 
—

 
—

 
—

 
—

 
348

Litigation
—

 
—

 
—

 
(8
)
 
8

 
(3
)
Loan origination
(21
)
 
—

 
—

 
(19
)
 
(2
)
 
35

Loans held for sale
—

 
(80
)
 
(20
)
 
—

 
(60
)
 
(31
)
Low Income Housing Tax Credits
—

 
(9
)
 
—

 
—

 
(9
)
 
—

Other
2

 
(22
)
 
—

 
—

 
(20
)
 
(8
)
Total adjustments
$
(76
)
 
$
(104
)
 
$
(78
)
 
$
(26
)
 
$
(76
)
 
$
(45,234
)
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
Unquoted equity securities
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
(228
)
Derivatives
—

 
(3
)
 
—

 
—

 
(3
)
 
(46,245
)
Loan impairment
(61
)
 
3

 
132

 
1

 
(191
)
 
(329
)
Property
—

 
—

 
—

 
(19
)
 
19

 
21

Pension and other postretirement benefit costs
—

 
—

 
—

 
15

 
(15
)
 
(177
)
Goodwill
—

 
—

 
—

 
—

 
—

 
348

Litigation
—

 
—

 
—

 
(2
)
 
2

 
—

Loan origination
(22
)
 
(3
)
 
—

 
(47
)
 
22

 
49

Loans held for sale
—

 
(16
)
 
(2
)
 
—

 
(14
)
 
(4
)
Low Income Housing Tax Credits
—

 
(12
)
 
—

 
—

 
(12
)
 
—

Other
5

 
(8
)
 
—

 
—

 
(3
)
 
(4
)
Total adjustments
$
(78
)
 
$
(39
)
 
$
130

 
$
(52
)
 
$
(195
)
 
$
(46,569
)
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2014
 
 
 
 
 
 
 
 
 
 
 
Unquoted equity securities
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
$
(195
)
Derivatives
—

 
(4
)
 
—

 
—

 
(4
)
 
(53,973
)
Loan impairment
(56
)
 
1

 
120

 
1

 
(176
)
 
(204
)
Property
—

 
—

 
—

 
(16
)
 
16

 
28

Pension and other postretirement benefit costs
—

 
—

 
—

 
11

 
(11
)
 
(166
)
Goodwill
—

 
—

 
—

 
—

 
—

 
348

Litigation
—

 
—

 
—

 
(135
)
 
135

 
1

Gain on sale of London Branch precious metals business to affiliate
—

 
(98
)
 
—

 
—

 
(98
)
 
—

Low Income Housing Tax Credits
—

 
(16
)
 
—

 
—

 
(16
)
 
—

Other
(18
)
 
(15
)
 
(40
)
 
(19
)
 
26

 
23

Total adjustments
$
(74
)
 
$
(132
)
 
$
80

 
$
(158
)
 
$
(128
)
 
$
(54,138
)

(4) 
Represents differences in financial statement presentation between U.S. GAAP and the Group Reporting Basis.