Trading Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2018

Trading assets and liabilities consisted of the following:



	March 31, 2018		December 31, 2017
	(in millions)
Trading assets:
U.S. Treasury	$	4,643	$	3,391
U.S. Government agency issued or guaranteed	117		122
U.S. Government sponsored enterprises	7		210
Asset-backed securities	240		236
Corporate and foreign bonds	8,213		6,180
Other securities	—		12
Precious metals	16,057		2,274
Derivatives, net	3,373		3,725
Total trading assets	$	32,650	$	16,150
Trading liabilities:
Securities sold, not yet purchased	$	1,627	$	1,722
Payables for precious metals	—		524
Derivatives, net	1,703		2,633
Total trading liabilities	$	3,330	$	4,879