Quarterly report [Sections 13 or 15(d)]

Fair Value Measurements - Recurring Fair Value (Details)

v3.26.1
Fair Value Measurements - Recurring Fair Value (Details) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Mar. 31, 2025
Assets      
Federal funds sold and securities borrowed or purchased under agreements to resell $ 228,013 $ 185,491  
Trading account assets 364,221 366,954  
Derivative assets 338,400 292,200  
Derivative assets 48,315 40,881  
Total AFS debt securities 368,963 386,798  
Other debt securities carried at fair value 17,426 16,177  
Loans and leases 3,757 3,498  
Loans held-for-sale 5,431 2,271  
Other assets 12,107 9,058  
Liabilities      
Interest-bearing deposits in U.S. offices 1,783 1,223  
Federal funds purchased and securities loaned or sold under agreements to repurchase 227,301 223,067  
Derivative liabilities 333,000 297,600  
Derivative liabilities 43,938 42,076  
Short-term borrowings 11,444 8,051  
Long-term debt 79,274 72,591  
U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 214,447 249,834  
Agency      
Assets      
Total AFS debt securities 43,446 33,141  
Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 18,275 19,199  
Non-agency residential      
Assets      
Total AFS debt securities 263 272  
Commercial      
Assets      
Total AFS debt securities 43,941 38,494  
Other taxable securities      
Assets      
Total AFS debt securities 6,131 6,304  
Tax-exempt securities      
Assets      
Total AFS debt securities 9,048 7,787  
Recurring      
Assets      
Time deposits placed and other short-term investments 1,343 1,242  
Netting adjustments (412,736) (486,822)  
Federal funds sold and securities borrowed or purchased under agreements to resell 228,013 185,491  
Trading account assets 364,221 366,954  
Netting adjustments (290,148) (251,326)  
Derivative assets 48,315 40,881  
Total AFS debt securities 368,963 386,798  
Other debt securities carried at fair value 17,426 16,177  
Loans and leases 3,757 3,498  
Loans held-for-sale 5,431 2,271  
Other assets 12,107 9,058  
Total assets 1,049,576 1,012,370  
Netting adjustments (702,884) (738,148)  
Liabilities      
Interest-bearing deposits in U.S. offices 1,783 1,223  
Federal funds purchased and securities loaned or sold under agreements to repurchase 227,301 223,067  
Netting adjustments (412,736) (486,822)  
Total trading account liabilities 129,833 105,996  
Netting adjustments (289,124) (255,511)  
Derivative liabilities 43,938 42,076  
Short-term borrowings 11,444 8,051  
Accrued expenses and other liabilities 10,825 8,996  
Long-term debt 79,274 72,591  
Total liabilities 504,398 462,000  
Netting adjustments (701,860) (742,333)  
Mortgage servicing rights $ 963 $ 946  
Level 3 recurring assets, as a percent of total assets 0.31% 0.29%  
Level 3 recurring liabilities, as a percent of total liabilities 0.19% 0.19%  
Recurring | U.S. Treasury and government agencies      
Assets      
Trading account assets $ 73,666 $ 86,270  
Liabilities      
Total trading account liabilities 19,007 8,179  
Recurring | Corporate securities, trading loans and other      
Assets      
Trading account assets 60,599 61,378  
Liabilities      
Total trading account liabilities 15,413 12,333  
Recurring | Equity securities      
Assets      
Trading account assets 112,538 116,657  
Liabilities      
Total trading account liabilities 67,864 65,057  
Recurring | Non-U.S. sovereign debt      
Assets      
Trading account assets 57,905 46,999  
Liabilities      
Total trading account liabilities 27,535 20,415  
Recurring | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 50,117 44,700  
Recurring | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 9,396 10,950  
Recurring | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 214,447 249,834  
Other debt securities carried at fair value 4,680 3,285  
Recurring | Agency      
Assets      
Total AFS debt securities 43,446 33,141  
Other debt securities carried at fair value 5    
Recurring | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 18,275 19,199  
Recurring | Non-agency residential      
Assets      
Total AFS debt securities 263 272  
Other debt securities carried at fair value 239 248  
Recurring | Commercial      
Assets      
Total AFS debt securities 43,941 38,494  
Recurring | Non-U.S. securities      
Assets      
Total AFS debt securities 33,412 31,767  
Recurring | Other taxable securities      
Assets      
Total AFS debt securities 6,131 6,304  
Recurring | Tax-exempt securities      
Assets      
Total AFS debt securities 9,048 7,787  
Recurring | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 12,502 12,644  
Recurring | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 14 12  
Recurring | Securities segregated for compliance or deposited with clearing organizations      
Assets      
Trading account assets 16,000 13,200  
Recurring | Commodities Investment      
Assets      
Trading account assets 703 27  
Recurring | Level 1      
Assets      
Time deposits placed and other short-term investments 1,343 1,242  
Federal funds sold and securities borrowed or purchased under agreements to resell 0 0  
Trading account assets 166,976 166,204  
Derivative assets 20,047 18,469  
Total AFS debt securities 214,632 249,260  
Other debt securities carried at fair value 5,849 3,949  
Loans and leases 0 0  
Loans held-for-sale 0 0  
Other assets 6,492 3,742  
Total assets 415,339 442,866  
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 95,478 71,925  
Derivative liabilities 19,686 18,470  
Short-term borrowings 0 0  
Accrued expenses and other liabilities 7,209 4,656  
Long-term debt 0 0  
Total liabilities 122,373 95,051  
Recurring | Level 1 | U.S. Treasury and government agencies      
Assets      
Trading account assets 72,490 83,234  
Liabilities      
Total trading account liabilities 18,877 8,174  
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 80,280 77,225  
Liabilities      
Total trading account liabilities 61,909 58,980  
Recurring | Level 1 | Non-U.S. sovereign debt      
Assets      
Trading account assets 14,206 5,745  
Liabilities      
Total trading account liabilities 14,692 4,771  
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 213,702 249,025  
Other debt securities carried at fair value 4,680 3,285  
Recurring | Level 1 | Agency      
Assets      
Total AFS debt securities 0 0  
Other debt securities carried at fair value 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 930 235  
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 1,169 664  
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 640,749 672,313  
Trading account assets 193,626 197,331  
Derivative assets 313,574 269,936  
Total AFS debt securities 154,244 137,185  
Other debt securities carried at fair value 11,577 12,103  
Loans and leases 3,687 3,422  
Loans held-for-sale 5,377 2,216  
Other assets 3,551 3,198  
Total assets 1,326,385 1,297,704  
Liabilities      
Interest-bearing deposits in U.S. offices 1,783 1,223  
Federal funds purchased and securities loaned or sold under agreements to repurchase 640,037 709,889  
Total trading account liabilities 34,245 33,938  
Derivative liabilities 307,950 274,002  
Short-term borrowings 11,434 8,011  
Accrued expenses and other liabilities 3,564 4,312  
Long-term debt 78,703 72,110  
Total liabilities 1,077,716 1,103,485  
Recurring | Level 2 | U.S. Treasury and government agencies      
Assets      
Trading account assets 1,176 3,036  
Liabilities      
Total trading account liabilities 130 5  
Recurring | Level 2 | Corporate securities, trading loans and other      
Assets      
Trading account assets 58,530 59,456  
Liabilities      
Total trading account liabilities 15,321 12,214  
Recurring | Level 2 | Equity securities      
Assets      
Trading account assets 31,972 39,110  
Liabilities      
Total trading account liabilities 5,937 6,063  
Recurring | Level 2 | Non-U.S. sovereign debt      
Assets      
Trading account assets 43,453 41,014  
Liabilities      
Total trading account liabilities 12,843 15,644  
Recurring | Level 2 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 50,109 44,691  
Recurring | Level 2 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 8,386 10,024  
Recurring | Level 2 | U.S. Treasury and government agencies      
Assets      
Total AFS debt securities 745 809  
Other debt securities carried at fair value 0 0  
Recurring | Level 2 | Agency      
Assets      
Total AFS debt securities 43,446 33,141  
Other debt securities carried at fair value 5    
Recurring | Level 2 | Agency-collateralized mortgage obligations      
Assets      
Total AFS debt securities 18,275 19,199  
Recurring | Level 2 | Non-agency residential      
Assets      
Total AFS debt securities 263 263  
Other debt securities carried at fair value 239 123  
Recurring | Level 2 | Commercial      
Assets      
Total AFS debt securities 43,900 38,472  
Recurring | Level 2 | Non-U.S. securities      
Assets      
Total AFS debt securities 32,436 31,488  
Recurring | Level 2 | Other taxable securities      
Assets      
Total AFS debt securities 6,131 6,026  
Recurring | Level 2 | Tax-exempt securities      
Assets      
Total AFS debt securities 9,048 7,787  
Recurring | Level 2 | Non-U.S. and other securities      
Assets      
Other debt securities carried at fair value 11,333 11,980  
Recurring | Level 2 | Mortgage trading loans and ABS      
Liabilities      
Total trading account liabilities 14 12  
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 3,619 3,419  
Derivative assets 4,842 3,802 $ 3,500
Total AFS debt securities 87 353  
Other debt securities carried at fair value 0 125  
Loans and leases 70 76  
Loans held-for-sale 54 55  
Other assets 2,064 2,118  
Total assets 10,736 9,948  
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 110 133  
Derivative liabilities 5,426 5,115 $ 5,000
Short-term borrowings 10 40  
Accrued expenses and other liabilities 52 28  
Long-term debt 571 481  
Total liabilities 6,169 5,797  
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 2,069 1,922  
Liabilities      
Total trading account liabilities 92 119  
Recurring | Level 3 | Equity securities      
Assets      
Trading account assets 286 322  
Liabilities      
Total trading account liabilities 18 14  
Recurring | Level 3 | Non-U.S. sovereign debt      
Assets      
Trading account assets 246 240  
Liabilities      
Total trading account liabilities 0 0  
Recurring | Level 3 | U.S. government-sponsored agency guaranteed      
Assets      
Trading account assets 8 9  
Recurring | Level 3 | Mortgage trading loans, ABS and other MBS      
Assets      
Trading account assets 1,010 926  
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  
Other debt securities carried at fair value 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 0 9  
Other debt securities carried at fair value 0 125  
Recurring | Level 3 | Commercial      
Assets      
Total AFS debt securities 41 22  
Recurring | Level 3 | Non-U.S. securities      
Assets      
Total AFS debt securities 46 44  
Recurring | Level 3 | Other taxable securities      
Assets      
Total AFS debt securities 0 278  
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