Trading Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2018

Trading assets and liabilities consisted of the following:



	June 30, 2018		December 31, 2017
	(in millions)
Trading assets:
U.S. Treasury	$	4,733	$	3,391
U.S. Government agency issued or guaranteed	114		122
U.S. Government sponsored enterprises	27		210
Asset-backed securities	240		236
Corporate and foreign bonds	7,687		6,180
Other securities	—		12
Precious metals	9,212		2,274
Derivatives, net	3,546		3,725
Total trading assets	$	25,559	$	16,150
Trading liabilities:
Securities sold, not yet purchased	$	982	$	1,722
Payables for precious metals	—		524
Derivatives, net	2,295		2,633
Total trading liabilities	$	3,277	$	4,879