v3.25.2
Related Party Transactions - Summary of Related Party Transactions (Details) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Jun. 30, 2024
Assets:      
Cash and due from banks [1] $ 792 $ 621  
Interest bearing deposits with banks [1] 28,164 22,625  
Securities purchased under agreements to resell [1] 8,125 14,313  
Trading assets [1] 20,905 21,231  
Loans, net 63,585 [1] 62,216 [1] $ 60,094
Other [1] 6,142 6,053  
Total assets 176,367 [1] 170,731 [1] 163,062
Liabilities:      
Deposits 126,181 [1] 123,350 [1] $ 119,345
Trading liabilities [1] 2,942 3,907  
Short-term borrowings [1] 8,005 7,352  
Long-term debt [1] 24,162 20,717  
Other [1] 3,067 2,916  
Total liabilities [1] 164,357 158,242  
Related Party      
Assets:      
Cash and due from banks 296 188  
Interest bearing deposits with banks 20 4  
Securities purchased under agreements to resell 0 405  
Trading assets 6 120  
Loans, net 5,494 5,449  
Other 567 468  
Total assets 6,383 6,634  
Liabilities:      
Deposits 12,727 8,351  
Trading liabilities 225 77  
Short-term borrowings 1,864 1,549  
Long-term debt 11,386 8,388  
Other 330 252  
Total liabilities $ 26,532 $ 18,617  
[1] The following table summarizes assets and liabilities related to our consolidated variable interest entities ("VIEs") at June 30, 2025 and December 31, 2024. Assets and liabilities exclude intercompany balances that eliminate in consolidation. See Note 15, "Variable Interest Entities," for additional information.
June 30, 2025December 31, 2024
(in millions)
Assets
Other assets$7 $11 
Total assets$7 $11 
Liabilities
Interest, taxes and other liabilities$15 $4 
Total liabilities$15 $4