Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 31, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

In the following tables, revenue is disaggregated by our two lines of business and by revenue stream for which the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

	Three Months Ended March 31, 2023
	Investment Servicing						Investment Management						Total
(Dollars in millions)	Topic 606 revenue		All other revenue		Total		Topic 606 revenue		All other revenue		Total		2023
Servicing fees	$	1,217	$	—	$	1,217	$	—	$	—	$	—	$	1,217
Management fees	—		—		—		457		—		457		457
Foreign exchange trading services	90		231		321		21		—		21		342
Securities finance	63		40		103		—		6		6		109
Software and processing fees	120		45		165		—		—		—		165
Other fee revenue	—		28		28		—		17		17		45
Total fee revenue	1,490		344		1,834		478		23		501		2,335
Net interest income	—		762		762		—		4		4		766
Total other income	—		—		—		—		—		—		—
Total revenue	$	1,490	$	1,106	$	2,596	$	478	$	27	$	505	$	3,101
	Three Months Ended March 31, 2022
	Investment Servicing						Investment Management						Total
(Dollars in millions)	Topic 606 revenue		All other revenue		Total		Topic 606 revenue		All other revenue		Total		2022
Servicing fees	$	1,368	$	—	$	1,368	$	—	$	—	$	—	$	1,368
Management fees	—		—		—		520		—		520		520
Foreign exchange trading services	101		241		342		17		—		17		359
Securities finance	54		39		93		—		3		3		96
Software and processing fees	151		50		201		—		—		—		201
Other fee revenue	—		46		46		—		(17)		(17)		29
Total fee revenue	1,674		376		2,050		537		(14)		523		2,573
Net interest income	—		509		509		—		—		—		509
Total other income	—		(1)		(1)		—		—		—		(1)
Total revenue	$	1,674	$	884	$	2,558	$	537	$	(14)	$	523	$	3,081