Commitments, Guarantees and Contingencies (Tables)

3 Months Ended

Mar. 31, 2016

Commitments, Guarantees and Contingencies [Abstract]

Commitments.

			Years to Maturity at March 31, 2016
			Less
			than 1		1-3		3-5		Over 5		Total
			(dollars in millions)
Letters of credit and other financial guarantees
	obtained to satisfy collateral requirements	$	114	$	—	$	—	$	106	$	220
Investment activities			550		107		16		302		975
Corporate lending commitments(1)			17,000		24,758		47,655		4,315		93,728
Consumer lending commitments			5,059		3		—		4		5,066
Residential real estate lending commitments			35		71		83		241		430
Wholesale real estate lending commitments			86		271		20		29		406
Forward-starting reverse repurchase agreements and
	securities borrowing agreements(2)(3)		48,472		—		—		—		48,472
Underwriting commitments			148		—		—		—		148
	Total	$	71,464	$	25,210	$	47,774	$	4,997	$	149,445

(1) Due to the nature of the Company’s obligations under the commitments, these amounts include certain commitments participated to third parties of $4.1 billion.

(2) The Company enters into forward-starting reverse repurchase and securities borrowing agreements that primarily settle within three business days of the trade date, and of the total amount at March 31, 2016, $41.6 billion settled within three business days.

(3) In addition, the Company has a contingent obligation to provide financing to a clearinghouse through which it clears certain transactions. The financing is required only upon the default of a clearinghouse member. The financing takes the form of a reverse repurchase facility, with a maximum amount of approximately $2.2 billion.

Obligations under Guarantee Arrangements

			Maximum Potential Payout/Notional										Carrying Amount (Asset)/ Liability		Collateral/ Recourse
			Years to Maturity
			Less than 1		1-3		3-5		Over 5		Total
			(dollars in millions)
Credit derivative contracts(1)		$	214,631	$	279,554	$	138,777	$	52,205	$	685,167	$	(127)	$	—
Other credit contracts			27		44		5		323		399		(2)		—
Non-credit derivative contracts(1)			1,186,070		699,114		298,000		533,692		2,716,876		74,940		—
Standby letters of credit and other
	financial guarantees issued(2)		872		1,262		1,139		5,884		9,157		(111)		6,693
Market value guarantees			64		246		98		17		425		3		5
Liquidity facilities			3,154		—		—		—		3,154		(5)		5,029
Whole loan sales guarantees			—		—		2		23,426		23,428		9		—
Securitization representations and
	warranties		—		—		—		63,896		63,896		103		—
General partner guarantees			31		36		48		311		426		74		—

(1) Carrying amounts of derivative contracts are shown on a gross basis prior to cash collateral or counterparty netting. For further information on derivative contracts, see Note 4.

(2) These amounts include certain issued standby letters of credit participated to third parties totaling $0.7 billion due to the nature of the Company’s obligations under these arrangements.