Annual report [Section 13 and 15(d), not S-K Item 405]

Fair Value Measurements - Recurring Fair Value (Details)

v3.25.4
Fair Value Measurements - Recurring Fair Value (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Assets      
Federal funds sold and securities borrowed or purchased under agreements to resell $ 185,491 $ 144,501  
Trading account assets 366,954 314,460  
Derivative assets 292,200 308,100  
Derivative assets 40,881 40,948  
Total AFS debt securities 386,798 346,432  
Other debt securities carried at fair value 16,177 12,175  
Loans and leases 3,498 4,249  
Loans held-for-sale 2,271 2,214  
Other assets 9,058 13,176  
Liabilities      
Interest-bearing deposits in U.S. offices 1,223 310  
Federal funds purchased and securities loaned or sold under agreements to repurchase 223,067 192,859  
Derivative liabilities 297,600 305,700  
Derivative liabilities 42,076 39,353  
Short-term borrowings 8,051 6,245  
Long-term debt 72,591 50,005  
U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 249,834 234,579  
Agency      
Assets      
Total AFS debt securities 33,141 31,202  
Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 19,199 19,318  
Non-agency residential      
Assets      
Total AFS debt securities 272 285  
Commercial      
Assets      
Total AFS debt securities 38,494 25,602  
Other taxable securities      
Assets      
Total AFS debt securities 6,304 4,603  
Tax-exempt securities      
Assets      
Total AFS debt securities 7,787 8,412  
Recurring      
Assets      
Time deposits placed and other short-term investments 1,242 1,318  
Netting adjustments (486,822) (377,377)  
Federal funds sold and securities borrowed or purchased under agreements to resell 185,491 144,501  
Trading account assets 366,954 314,460  
Netting adjustments (251,326) (267,180)  
Derivative assets 40,881 40,948  
Total AFS debt securities 386,798 346,432  
Other debt securities carried at fair value 16,177 12,175  
Loans and leases 3,498 4,249  
Loans held-for-sale 2,271 2,214  
Other assets 9,058 13,176  
Total assets 1,012,370 879,473  
Netting adjustments (738,148) (644,557)  
Liabilities      
Interest-bearing deposits in U.S. offices 1,223 310  
Federal funds purchased and securities loaned or sold under agreements to repurchase 223,067 192,859  
Netting adjustments (486,822) (377,377)  
Total trading account liabilities 105,996 92,543  
Netting adjustments (255,511) (266,334)  
Derivative liabilities 42,076 39,353  
Short-term borrowings 8,051 6,245  
Accrued expenses and other liabilities 8,996 13,199  
Long-term debt 72,591 50,005  
Total liabilities 462,000 394,514  
Netting adjustments (742,333) (643,711)  
Mortgage servicing rights $ 946 $ 972  
Level 3 recurring assets, as a percent of total assets 0.29% 0.31%  
Level 3 recurring liabilities, as a percent of total liabilities 0.19% 0.21%  
Recurring | U.S. Treasury and government agencies      
Assets      
Trading account assets $ 86,270 $ 70,522  
Liabilities      
Total trading account liabilities 8,179 16,603  
Recurring | Corporate securities, trading loans and other      
Assets      
Trading account assets 61,378 45,036  
Liabilities      
Total trading account liabilities 12,333 10,981  
Recurring | Equity securities      
Assets      
Trading account assets 116,657 103,607  
Liabilities      
Total trading account liabilities 65,057 44,919  
Recurring | Non-U.S. sovereign debt      
Assets      
Trading account assets 46,999 40,124  
Liabilities      
Total trading account liabilities 20,415 20,006  
Recurring | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 44,700 43,855  
Recurring | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 10,950 11,316  
Recurring | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 249,834 234,579  
Other debt securities carried at fair value 3,285 3,885  
Recurring | Agency      
Assets      
Total AFS debt securities 33,141 31,202  
Recurring | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 19,199 19,318  
Recurring | Non-agency residential      
Assets      
Total AFS debt securities 272 285  
Other debt securities carried at fair value 248 250  
Recurring | Commercial      
Assets      
Total AFS debt securities 38,494 25,602  
Recurring | Non-U.S. securities      
Assets      
Total AFS debt securities 31,767 22,431  
Recurring | Other taxable securities      
Assets      
Total AFS debt securities 6,304 4,603  
Recurring | Tax-exempt securities      
Assets      
Total AFS debt securities 7,787 8,412  
Recurring | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 12,644 8,040  
Recurring | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 12 34  
Recurring | Securities segregated for compliance or deposited with clearing organizations      
Assets      
Trading account assets 13,200 18,300  
Recurring | Commodities Investment      
Assets      
Trading account assets 27 99  
Recurring | Level 1      
Assets      
Time deposits placed and other short-term investments 1,242 1,318  
Federal funds sold and securities borrowed or purchased under agreements to resell 0 0  
Trading account assets 166,204 136,382  
Derivative assets 18,469 14,626  
Total AFS debt securities 249,260 233,746  
Other debt securities carried at fair value 3,949 4,739  
Loans and leases 0 0  
Loans held-for-sale 0 0  
Other assets 3,742 8,279  
Total assets 442,866 399,090  
Liabilities      
Interest-bearing deposits in U.S. offices 0 0  
Federal funds purchased and securities loaned or sold under agreements to repurchase 0 0  
Total trading account liabilities 71,925 59,201  
Derivative liabilities 18,470 15,354  
Short-term borrowings 0 0  
Accrued expenses and other liabilities 4,656 9,113  
Long-term debt 0 0  
Total liabilities 95,051 83,668  
Recurring | Level 1 | U.S. Treasury and government agencies      
Assets      
Trading account assets 83,234 66,582  
Liabilities      
Total trading account liabilities 8,174 16,408  
Recurring | Level 1 | Corporate securities, trading loans and other      
Assets      
Trading account assets 0 0  
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 1 | Equity securities      
Assets      
Trading account assets 77,225 66,783  
Liabilities      
Total trading account liabilities 58,980 40,066  
Recurring | Level 1 | Non-U.S. sovereign debt      
Assets      
Trading account assets 5,745 3,017  
Liabilities      
Total trading account liabilities 4,771 2,727  
Recurring | Level 1 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 0 0  
Recurring | Level 1 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 0 0  
Recurring | Level 1 | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 249,025 233,671  
Other debt securities carried at fair value 3,285 3,885  
Recurring | Level 1 | Agency      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 1 | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 1 | Non-agency residential      
Assets      
Total AFS debt securities 0 0  
Other debt securities carried at fair value 0 0  
Recurring | Level 1 | Commercial      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 1 | Non-U.S. securities      
Assets      
Total AFS debt securities 235 75  
Recurring | Level 1 | Other taxable securities      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 1 | Tax-exempt securities      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 1 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 664 854  
Recurring | Level 1 | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 2      
Assets      
Time deposits placed and other short-term investments 0 0  
Federal funds sold and securities borrowed or purchased under agreements to resell 672,313 521,878  
Trading account assets 197,331 174,568  
Derivative assets 269,936 289,940  
Total AFS debt securities 137,185 112,075  
Other debt securities carried at fair value 12,103 7,287  
Loans and leases 3,422 4,167  
Loans held-for-sale 2,216 2,082  
Other assets 3,198 2,928  
Total assets 1,297,704 1,114,925  
Liabilities      
Interest-bearing deposits in U.S. offices 1,223 310  
Federal funds purchased and securities loaned or sold under agreements to repurchase 709,889 570,236  
Total trading account liabilities 33,938 33,222  
Derivative liabilities 274,002 284,810  
Short-term borrowings 8,011 6,245  
Accrued expenses and other liabilities 4,312 3,997  
Long-term debt 72,110 49,452  
Total liabilities 1,103,485 948,272  
Recurring | Level 2 | U.S. Treasury and government agencies      
Assets      
Trading account assets 3,036 3,940  
Liabilities      
Total trading account liabilities 5 195  
Recurring | Level 2 | Corporate securities, trading loans and other      
Assets      
Trading account assets 59,456 43,222  
Liabilities      
Total trading account liabilities 12,214 10,871  
Recurring | Level 2 | Equity securities      
Assets      
Trading account assets 39,110 36,450  
Liabilities      
Total trading account liabilities 6,063 4,843  
Recurring | Level 2 | Non-U.S. sovereign debt      
Assets      
Trading account assets 41,014 36,763  
Liabilities      
Total trading account liabilities 15,644 17,279  
Recurring | Level 2 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 44,691 43,850  
Recurring | Level 2 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 10,024 10,343  
Recurring | Level 2 | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 809 908  
Other debt securities carried at fair value 0 0  
Recurring | Level 2 | Agency      
Assets      
Total AFS debt securities 33,141 31,202  
Recurring | Level 2 | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 19,199 19,318  
Recurring | Level 2 | Non-agency residential      
Assets      
Total AFS debt securities 263 38  
Other debt securities carried at fair value 123 101  
Recurring | Level 2 | Commercial      
Assets      
Total AFS debt securities 38,472 25,274  
Recurring | Level 2 | Non-U.S. securities      
Assets      
Total AFS debt securities 31,488 22,320  
Recurring | Level 2 | Other taxable securities      
Assets      
Total AFS debt securities 6,026 4,603  
Recurring | Level 2 | Tax-exempt securities      
Assets      
Total AFS debt securities 7,787 8,412  
Recurring | Level 2 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 11,980 7,186  
Recurring | Level 2 | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 12 34  
Recurring | Level 3      
Assets      
Time deposits placed and other short-term investments 0 0  
Federal funds sold and securities borrowed or purchased under agreements to resell 0 0  
Trading account assets 3,419 3,510  
Derivative assets 3,802 3,562 $ 3,400
Total AFS debt securities 353 611  
Other debt securities carried at fair value 125 149  
Loans and leases 76 82  
Loans held-for-sale 55 132  
Other assets 2,118 1,969  
Total assets 9,948 10,015  
Liabilities      
Interest-bearing deposits in U.S. offices 0 0  
Federal funds purchased and securities loaned or sold under agreements to repurchase 0 0  
Total trading account liabilities 133 120  
Derivative liabilities 5,115 5,523 $ 5,900
Short-term borrowings 40 0  
Accrued expenses and other liabilities 28 89  
Long-term debt 481 553  
Total liabilities 5,797 6,285  
Recurring | Level 3 | U.S. Treasury and government agencies      
Assets      
Trading account assets 0 0  
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 3 | Corporate securities, trading loans and other      
Assets      
Trading account assets 1,922 1,814  
Liabilities      
Total trading account liabilities 119 110  
Recurring | Level 3 | Equity securities      
Assets      
Trading account assets 322 374  
Liabilities      
Total trading account liabilities 14 10  
Recurring | Level 3 | Non-U.S. sovereign debt      
Assets      
Trading account assets 240 344  
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 3 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 9 5  
Recurring | Level 3 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 926 973  
Recurring | Level 3 | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 0 0  
Other debt securities carried at fair value 0 0  
Recurring | Level 3 | Agency      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 3 | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 3 | Non-agency residential      
Assets      
Total AFS debt securities 9 247  
Other debt securities carried at fair value 125 149  
Recurring | Level 3 | Commercial      
Assets      
Total AFS debt securities 22 328  
Recurring | Level 3 | Non-U.S. securities      
Assets      
Total AFS debt securities 44 36  
Recurring | Level 3 | Other taxable securities      
Assets      
Total AFS debt securities 278 0  
Recurring | Level 3 | Tax-exempt securities      
Assets      
Total AFS debt securities 0 0  
Recurring | Level 3 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 0 0  
Recurring | Level 3 | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities $ 0 $ 0