Trading Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

Trading Assets And Liabilities [Abstract]

Trading Assets and Liabilities

Trading assets and liabilities consisted of the following:

	June 30, 2020		December 31, 2019
	(in millions)
Trading assets:
U.S. Treasury	$	6,317	$	6,763
U.S. Government agency issued or guaranteed	16		18
U.S. Government sponsored enterprises	26		20
Asset-backed securities	148		168
Corporate and foreign bonds	9,302		10,826
Equity securities	3,178		5,693
Precious metals	10,139		1,909
Derivatives, net	3,283		3,055
Total trading assets	$	32,409	$	28,452
Trading liabilities:
Securities sold, not yet purchased	$	637	$	1,182
Payables for precious metals	19		124
Derivatives, net	2,562		1,929
Total trading liabilities	$	3,218	$	3,235