Financial information for the Company’s reportable segments is presented in the following table:


	Investor Services						Institutional Services						Unallocated						Total
Three Months Ended September 30,	2012			2011			2012			2011			2012			2011			2012			2011
Net Revenues:
Asset management and administration fees	$	285		$	254		$	238		$	212		$	1		$	—		$	524		$	466
Net interest revenue		367			377			72			66			—			—			439			443
Trading revenue		136			166			69			82			(1	)		—			204			248
Other		22			25			20			19			—			1			42			45
Provision for loan losses		(9	)		(7	)		(1	)		(1	)		—			—			(10	)		(8	)
Net impairment losses on securities		(2	)		(12	)		(1	)		(1	)		—			—			(3	)		(13	)

Total net revenues		799			803			397			377			—			1			1,196			1,181

Expenses Excluding Interest		571			561			264			259			—			1			835			821

Income before taxes on income	$	228		$	242		$	133		$	118		$	—		$	—		$	361		$	360

Taxes on income																				114			140

Net Income																			$	247		$	220


	Investor Services						Institutional Services						Unallocated						Total
Nine Months Ended September 30,	2012			2011			2012			2011			2012			2011			2012			2011
Net Revenues:
Asset management and administration fees	$	816		$	805		$	688		$	665		$	—		$	—		$	1,504		$	1,470
Net interest revenue		1,117			1,137			214			193			—			—			1,331			1,330
Trading revenue		446			462			221			232			(1	)		—			666			694
Other ⁽¹⁾		76			61			61			57			72			1			209			119
Provision for loan losses		(12	)		(11	)		(2	)		(2	)		—			—			(14	)		(13	)
Net impairment losses on securities		(24	)		(20	)		(4	)		(2	)		—			—			(28	)		(22	)

Total net revenues		2,419			2,434			1,178			1,143			71			1			3,668			3,578

Expenses Excluding Interest		1,764			1,662			798			777			—			(1	)		2,562			2,438

Income before taxes on income	$	655		$	772		$	380		$	366		$	71		$	2		$	1,106		$	1,140

Taxes on income																				389			439

Net Income																			$	717		$	701

⁽¹⁾	Unallocated amount includes a pre-tax gain of $70 million relating to a confidential resolution of a vendor dispute in the second quarter of 2012.