v3.25.4
Loans, Lending Commitments and Related Allowance for Credit Losses - Allowance for Credit Losses Rollforward - Loans and Lending Commitments (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Allowance for loan losses rollforward      
Beginning balance $ 1,066 $ 1,169 $ 839
Gross charge-offs (214) (242) (167)
Recoveries 22 7 2
Net (charge-offs)/recoveries (192) (235) (165)
Provision (release) 230 146 488
Other 28 (14) 7
Ending balance $ 1,132 $ 1,066 $ 1,169
Percent of loans to total loans 100.00% 100.00% 100.00%
Allowance for lending commitments rollforward      
Beginning balance $ 656 $ 551 $ 504
Provision (release) 119 118 44
Other 23 (13) 3
Ending balance 798 656 551
Total ending balance 1,930 1,722 1,720
Corporate      
Allowance for loan losses rollforward      
Beginning balance 200 241 235
Gross charge-offs (24) (39) (34)
Recoveries 0 0 1
Net (charge-offs)/recoveries (24) (39) (33)
Provision (release) 75 2 37
Other 9 (4) 2
Ending balance $ 260 $ 200 $ 241
Percent of loans to total loans 3.00% 3.00% 3.00%
Allowance for lending commitments rollforward      
Beginning balance $ 507 $ 431 $ 411
Provision (release) 101 86 16
Other 17 (10) 4
Ending balance 625 507 431
Total ending balance 885 707 672
Secured lending facilities      
Allowance for loan losses rollforward      
Beginning balance 140 153 153
Gross charge-offs 0 (11) 0
Recoveries 0 0 0
Net (charge-offs)/recoveries 0 (11) 0
Provision (release) 59 1 0
Other 2 (3) 0
Ending balance $ 201 $ 140 $ 153
Percent of loans to total loans 25.00% 22.00% 19.00%
Allowance for lending commitments rollforward      
Beginning balance $ 88 $ 70 $ 51
Provision (release) 46 19 18
Other 3 (1) 1
Ending balance 137 88 70
Total ending balance 338 228 223
Commercial real estate      
Allowance for loan losses rollforward      
Beginning balance 373 463 275
Gross charge-offs (173) (165) (129)
Recoveries 22 4 0
Net (charge-offs)/recoveries (151) (161) (129)
Provision (release) 47 77 314
Other 14 (6) 3
Ending balance $ 283 $ 373 $ 463
Percent of loans to total loans 3.00% 4.00% 4.00%
Allowance for lending commitments rollforward      
Beginning balance $ 40 $ 26 $ 15
Provision (release) (28) 16 11
Other 0 (2) 0
Ending balance 12 40 26
Total ending balance 295 413 489
Residential real estate      
Allowance for loan losses rollforward      
Beginning balance 97 100 87
Gross charge-offs 0 0 0
Recoveries 0 0 1
Net (charge-offs)/recoveries 0 0 1
Provision (release) 30 (3) 13
Other 0 0 (1)
Ending balance $ 127 $ 97 $ 100
Percent of loans to total loans 27.00% 29.00% 30.00%
Allowance for lending commitments rollforward      
Beginning balance $ 4 $ 4 $ 4
Provision (release) 1 0 0
Other 0 0 0
Ending balance 5 4 4
Total ending balance 132 101 104
SBL and Other      
Allowance for loan losses rollforward      
Beginning balance 256 212 89
Gross charge-offs (17) (27) (4)
Recoveries 0 3 0
Net (charge-offs)/recoveries (17) (24) (4)
Provision (release) 19 69 124
Other 3 (1) 3
Ending balance $ 261 $ 256 $ 212
Percent of loans to total loans 42.00% 42.00% 44.00%
Allowance for lending commitments rollforward      
Beginning balance $ 17 $ 20 $ 23
Provision (release) (1) (3) (1)
Other 3 0 (2)
Ending balance 19 17 20
Total ending balance $ 280 $ 273 $ 232