Trading Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2018

Trading Assets And Liabilities [Abstract]

Trading Assets and Liabilities

Trading assets and liabilities consisted of the following:

	September 30, 2018		December 31, 2017
	(in millions)
Trading assets:
U.S. Treasury	$	4,037	$	3,391
U.S. Government agency issued or guaranteed	111		122
U.S. Government sponsored enterprises	22		210
Asset-backed securities	220		236
Corporate and foreign bonds	8,325		6,180
Equity securities	752		12
Precious metals	9,945		2,274
Derivatives, net	3,144		3,725
Total trading assets	$	26,556	$	16,150
Trading liabilities:
Securities sold, not yet purchased	$	1,605	$	1,722
Payables for precious metals	—		524
Derivatives, net	2,343		2,633
Total trading liabilities	$	3,948	$	4,879