Segment Information (Tables)

3 Months Ended

Feb. 28, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Certain information concerning our segments is presented in the following table (in thousands):

	For the Three Months Ended February 28,
	2022		2021
Net revenues:
Reportable Segments:
Investment Banking and Capital Markets	$	1,481,818	$	1,987,496
Asset Management	59,956		229,202
Merchant Banking	189,535		267,004
Corporate	746		590
Total net revenues related to reportable segments	1,732,055		2,484,292
Reconciling items - Consolidation adjustments	(140)		2,650
Total consolidated revenues	$	1,731,915	$	2,486,942
Income (loss) before income taxes:
Reportable Segments:
Investment Banking and Capital Markets	$	420,885	$	556,231
Asset Management	16,009		183,932
Merchant Banking	(24,407)		92,202
Corporate	(11,764)		(20,477)
Income before income taxes related to reportable segments	400,723		811,888
Reconciling items - Parent Company interest	(8,391)		(13,902)
Reconciling items - Consolidation adjustments	—		2,799
Total consolidated income before income taxes	$	392,332	$	800,785
Depreciation and amortization expenses:
Reportable Segments:
Investment Banking and Capital Markets	$	23,555	$	20,710
Asset Management	362		479
Merchant Banking	21,596		16,714
Corporate	424		864
Total consolidated depreciation and amortization expenses	$	45,937	$	38,767
	February 28, 2022		November 30, 2021
Identifiable Assets Employed:
Reportable Segments:
Investment Banking and Capital Markets	$	52,646,088	$	52,903,374
Asset Management	3,312,921		3,205,799
Merchant Banking	2,277,138		2,263,050
Corporate	2,215,945		2,432,927
Identifiable assets related to reportable segments	60,452,092		60,805,150
Reconciling items - Consolidation adjustments	(415,641)		(401,040)
Total consolidated assets	$	60,036,451	$	60,404,110