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Bank of New York Mellon Corp – ‘10-Q’ for 3/31/11 – ‘XML.R27’

On:  Monday, 5/9/11, at 4:32pm ET   ·   For:  3/31/11   ·   Accession #:  1193125-11-132389   ·   File #:  0-52710

Previous ‘10-Q’:  ‘10-Q’ on 11/8/10 for 9/30/10   ·   Next:  ‘10-Q’ on 8/8/11 for 6/30/11   ·   Latest:  ‘10-Q’ on 5/3/24 for 3/31/24   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/09/11  Bank of New York Mellon Corp      10-Q        3/31/11  136:36M                                    Donnelley … Solutions/FA

Quarterly Report   —   Form 10-Q   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                    HTML   2.70M 
 2: EX-10.1     Form of Executive Restricted Stock Unit Agreement   HTML     68K 
 3: EX-10.2     Form of Executive Stock Option Agreement            HTML     67K 
 4: EX-10.3     Amendment to Robert P. Kelly Letter Agreement       HTML     42K 
 5: EX-10.4     Terms of Employment for Curtis Y. Arledge           HTML     76K 
 6: EX-12.1     Computation of Ratio of Earnings to Fixed Charges   HTML     47K 
 7: EX-31.1     Section 302 CEO Certification                       HTML     44K 
 8: EX-31.2     Section 302 CFO Certification                       HTML     44K 
 9: EX-32.1     Section 906 CEO Certification                       HTML     38K 
10: EX-32.2     Section 906 CFO Certification                       HTML     38K 
103: XML         IDEA XML File -- Definitions and References          XML    372K  
123: XML         IDEA XML File -- Filing Summary                      XML    730K  
116: XML.R1      Document and Entity Information                      XML    130K  
117: XML.R2      Consolidated Income Statement                        XML   1.11M  
63: XML.R3      Consolidated Income Statement (Parenthetical)        XML    126K 
73: XML.R4      Consolidated Balance Sheet                           XML    743K 
100: XML.R5      Consolidated Balance Sheet (Parenthetical)           XML    178K  
95: XML.R6      Consolidated Statement of Cash Flows                 XML    773K 
130: XML.R7      Consolidated Statement of Changes in Equity          XML    657K  
34: XML.R8      Consolidated Statement of Changes in Equity          XML    100K 
                (Parenthetical)                                                  
94: XML.R9      Basis of presentation                                XML     64K 
28: XML.R10     Accounting changes and new accounting guidance       XML     61K 
27: XML.R11     Acquisitions                                         XML     62K 
62: XML.R12     Discontinued operations                              XML     59K 
110: XML.R13     Securities                                           XML    407K  
65: XML.R14     Loans and asset quality                              XML    491K 
69: XML.R15     Goodwill and intangible assets                       XML    158K 
88: XML.R16     Other assets                                         XML     88K 
135: XML.R17     Net interest revenue                                 XML     92K  
52: XML.R18     Employee benefit plans                               XML     80K 
17: XML.R19     Restructuring charges                                XML    119K 
72: XML.R20     Income taxes                                         XML     70K 
107: XML.R21     Securitizations and variable interest entities       XML    142K  
41: XML.R22     Fair value of financial instruments                  XML    139K 
101: XML.R23     Fair value measurement                               XML    780K  
70: XML.R24     Fair value option                                    XML     82K 
129: XML.R25     Derivative instruments                               XML    188K  
112: XML.R26     Commitments and contingent liabilities               XML    126K  
77: XML.R27     Review of businesses                                 XML    148K 
89: XML.R28     Supplemental information to the Consolidated         XML     65K 
                Statement of Cash Flows                                          
26: XML.R29     Accounting changes and new accounting guidance       XML    136K 
                (Policies)                                                       
31: XML.R30     Securities (Tables)                                  XML    445K 
44: XML.R31     Loans and asset quality (Tables)                     XML    531K 
57: XML.R32     Goodwill and intangible assets (Tables)              XML    176K 
87: XML.R33     Other assets (Tables)                                XML     94K 
111: XML.R34     Net interest revenue (Tables)                        XML     91K  
21: XML.R35     Employee benefit plans (Tables)                      XML     79K 
35: XML.R36     Restructuring charges (Tables)                       XML    124K 
119: XML.R37     Income taxes (Tables)                                XML     68K  
128: XML.R38     Securitizations and variable interest entities       XML    195K  
                (Tables)                                                         
79: XML.R39     Fair value of financial instruments (Tables)         XML    139K 
132: XML.R40     Fair value measurement (Tables)                      XML    773K  
36: XML.R41     Fair value option (Tables)                           XML     90K 
134: XML.R42     Derivative instruments (Tables)                      XML    204K  
46: XML.R43     Commitments and contingent liabilities (Tables)      XML    115K 
18: XML.R44     Review of businesses (Tables)                        XML    127K 
45: XML.R45     Supplemental information to the Consolidated         XML     64K 
                Statement of Cash Flows (Tables)                                 
106: XML.R46     Acquisitions - Additional Information (Detail)       XML    437K  
127: XML.R47     Discontinued Operations - Additional Information     XML     73K  
                (Detail)                                                         
67: XML.R48     Amortized Cost and Fair Values of Securities         XML   2.05M 
                (Detail)                                                         
48: XML.R49     Amortized Cost and Fair Values of Securities         XML    219K 
                (Parenthetical) (Detail)                                         
86: XML.R50     Amortized Cost and Fair Values of Securities by      XML    407K 
                Contractual Maturity (Detail)                                    
24: XML.R51     Realized Gross Gains, Realized Gross Losses and      XML    125K 
                Recognized Gross Impairments on Securities                       
                (Detail)                                                         
92: XML.R52     Aggregate Fair Value of Investments with a           XML   1.95M 
                Continuous Unrealized Loss Position (Detail)                     
50: XML.R53     Projected Weighted-Average Default Rates and Loss    XML    216K 
                Severities (Detail)                                              
33: XML.R54     Securities - Additional Information (Detail)         XML    185K 
126: XML.R55     Pre-Tax Securities Gains (Losses) by Type (Detail)   XML    320K  
121: XML.R56     Debt Securities Credit Losses Rollforward Recorded   XML    116K  
                In Earnings (Detail)                                             
61: XML.R57     Details of our Loan Distribution and Industry        XML    644K 
                Concentrations of Credit Risk (Detail)                           
40: XML.R58     Details of our Loan Distribution and Industry        XML     71K 
                Concentrations of Credit Risk (Parenthetical)                    
                (Detail)                                                         
114: XML.R59     Allowance for Credit Losses Activity (Detail)        XML   1.30M  
30: XML.R60     Allowance for Credit Losses Activity                 XML    301K 
                (Parenthetical) (Detail)                                         
96: XML.R61     Nonperforming Assets and Impaired Loans (Detail)     XML    373K 
93: XML.R62     Nonperforming Assets and Impaired Loans              XML     75K 
                (Parenthetical) (Detail)                                         
120: XML.R63     Lost Interest (Detail)                               XML    103K  
115: XML.R64     Information About our Impaired Loans (Detail)        XML   1.14M  
131: XML.R65     Information About our Impaired Loans                 XML    378K  
                (Parenthetical) (Detail)                                         
38: XML.R66     Information About our Past Due Loans (Detail)        XML    655K 
60: XML.R67     Credit Quality Indicators - Commercial Portfolio     XML    485K 
                Credit Risk Profile by Creditworthiness Category                 
                (Detail)                                                         
84: XML.R68     Credit Quality Indicators - Wealth Management        XML    259K 
                Loans and Mortgages - Credit Risk Profile by                     
                Internally Assigned Grade (Detail)                               
71: XML.R69     Loans and Asset Quality - Additional Information     XML    683K 
                (Detail)                                                         
85: XML.R70     Goodwill by Business Segment (Detail)                XML    259K 
133: XML.R71     Goodwill and Intangible Assets - Additional          XML    103K  
                Information (Detail)                                             
39: XML.R72     Intangible Assets by Business Segment (Detail)       XML    449K 
47: XML.R73     Intangible Assets (Detail)                           XML    789K 
43: XML.R74     Estimated Annual Amortization Expense (Detail)       XML     92K 
81: XML.R75     Other Assets (Detail)                                XML    184K 
91: XML.R76     Other Assets (Parenthetical) (Detail)                XML     79K 
76: XML.R77     Seed Capital And Private Equity Investments Valued   XML    158K 
                Using NAV (Detail)                                               
68: XML.R78     Net Interest Revenue (Detail)                        XML    311K 
37: XML.R79     Net Periodic Benefit Cost (Credit) (Detail)          XML    294K 
19: XML.R80     Restructuring Charge - Additional Information        XML    239K 
                (Detail)                                                         
82: XML.R81     Activity in Restructuring Reserve (Detail)           XML    518K 
59: XML.R82     Restructuring Charges by Business Segment (Detail)   XML    429K 
75: XML.R83     Reconciliation of Statutory Federal Income Tax       XML    133K 
                Rate to Effective Income Tax Rate (Detail)                       
105: XML.R84     Income Taxes - Additional information (Detail)       XML    118K  
99: XML.R85     Incremental Assets and Liabilities of VIEs           XML    390K 
                Included in Consolidated Financial Statements                    
                (Detail)                                                         
54: XML.R86     Non-consolidated VIEs (Detail)                       XML    212K 
109: XML.R87     Financial Statement Items Related to                 XML    281K  
                Non-Consolidated VIEs Provided Credit Support                    
                Agreements (Detail)                                              
97: XML.R88     Consolidated Credit Supported VIEs (Detail)          XML    257K 
42: XML.R89     Securitizations and Variable Interest Entities -     XML     59K 
                Additional Information (Detail)                                  
66: XML.R90     Fair Value of Financial Instruments - Additional     XML     89K 
                Information (Detail)                                             
98: XML.R91     Carrying Amount And Fair Value of Financial          XML    738K 
                Instruments (Detail)                                             
51: XML.R92     Summary of Carrying Amount of Hedged Financial       XML    319K 
                Instruments, Related Notional Amount of the Hedge                
                And Estimated Fair Value of Derivatives (Detail)                 
113: XML.R93     Fair Value Measurement - Additional Information      XML     86K  
                (Detail)                                                         
56: XML.R94     Assets and Liabilities Measured at Fair Value on a   XML   4.98M 
                Recurring Basis (Detail)                                         
104: XML.R95     Details Of Certain Items Measured At Fair Value On   XML   8.10M  
                A Recurring Basis (Detail)                                       
83: XML.R96     Fair Value Measurements Using Significant            XML   1.43M 
                Unobservable Inputs (Detail)                                     
20: XML.R97     Assets Measured at Fair Value on a Nonrecurring      XML    386K 
                Basis (Detail)                                                   
55: XML.R98     Assets Measured at Fair Value on a Nonrecurring      XML     87K 
                Basis (Parenthetical) (Detail)                                   
108: XML.R99     Fair Value Option of Consolidated Investment         XML    198K  
                Management Funds at Fair Value (Detail)                          
32: XML.R100    Fair Value Option - Additional Information           XML    165K 
                (Detail)                                                         
78: XML.R101    Fair Value Option - Changes in Fair Value Included   XML     72K 
                in Foreign Exchange and Other Trading Activities                 
                (Detail)                                                         
90: XML.R102    Derivative Instruments - Additional Information      XML    998K 
                (Detail)                                                         
118: XML.R103    Ineffectiveness Related to Derivatives and Hedging   XML    340K  
                Relationships Recorded in Income (Detail)                        
136: XML.R104    Impact of Derivative Instruments on the Balance      XML    551K  
                Sheet (Detail)                                                   
49: XML.R105    Impact of Derivative Instruments on the Balance      XML     88K 
                Sheet (Parenthetical) (Detail)                                   
22: XML.R106    Impact of Derivative Instruments on the Income       XML    427K 
                Statement (Detail)                                               
53: XML.R107    Revenue from Foreign Exchange and Other Trading      XML    317K 
                Activities (Detail)                                              
58: XML.R108    Fair Value of Derivative Contracts Falling Under     XML    130K 
                Close-Out Agreements that were in a Net Liability                
                Position (Detail)                                                
29: XML.R109    Off-Balance Sheet Risks Significant Industry         XML    574K 
                Concentrations (Detail)                                          
125: XML.R110    Summary of Off-Balance Sheet Credit Transactions,    XML    262K  
                Net of Participations (Detail)                                   
122: XML.R111    Summary of Off-Balance Sheet Credit Transactions,    XML    135K  
                Net of Participations (Parenthetical) (Detail)                   
23: XML.R112    Commitments and Contingent Liabilities -             XML    477K 
                Additional Information (Detail)                                  
64: XML.R113    Standby Letters of Credits (SBLCs) by Investment     XML    144K 
                Grade (Detail)                                                   
74: XML.R114    Contribution of Segments to Overall Profitability    XML    569K 
                (Detail)                                                         
102: XML.R115    Contribution of Segments to Overall Profitability    XML    209K  
                (Parenthetical) (Detail)                                         
25: XML.R116    Noncash Investing and Financing Transactions that,   XML    106K 
                appropriately, are not Reflected in the                          
                Consolidated Statement of Cash Flows (Detail)                    
124: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   4.89M  
11: EX-101.INS  XBRL Instance -- bk-20110331                         XML   8.45M 
13: EX-101.CAL  XBRL Calculations -- bk-20110331_cal                 XML    480K 
14: EX-101.DEF  XBRL Definitions -- bk-20110331_def                  XML   2.03M 
15: EX-101.LAB  XBRL Labels -- bk-20110331_lab                       XML   2.03M 
16: EX-101.PRE  XBRL Presentations -- bk-20110331_pre                XML   2.13M 
12: EX-101.SCH  XBRL Schema -- bk-20110331                           XSD    494K 
80: ZIP         XBRL Zipped Folder -- 0001193125-11-132389-xbrl      Zip    417K 


‘XML.R27’   —   Review of businesses


This Financial Report is an XBRL XML File.


                                                                                                                                                                                
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<div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: ARIAL" size="2"><b>Note 19 – Review of businesses</b></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">We have an internal information system that produces performance data for our two principal businesses and the Other segment. The following discussion of our businesses satisfies the disclosure requirements for ASC 280, <i>Segment Reporting</i>.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Organization of our business</i></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">In the first quarter of 2011, BNY Mellon realigned its internal reporting structure and business presentation to focus on its two principal businesses, Investment Management and Investment Services. The realignment reflects management’s current approach to assessing performance and decisions regarding resource allocations. Investment Management includes the former Asset Management and Wealth Management businesses; Investment Services includes the former Asset Servicing, Issuer Services and Clearing Services businesses as well as the Cash Management business previously included in the Treasury Services business. The Other segment includes credit-related activities previously included in the Treasury Services business, the lease financing portfolio, corporate treasury activities, including our investment securities portfolio, our investment in BNY ConvergEx Group, business exits and corporate overhead. All prior periods presented in this Form 10-Q are presented accordingly.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">Also in the first quarter of 2011, we revised the net interest revenue for our businesses to reflect a new approach which adjusts our transfer pricing methodology to better reflect the value of certain domestic deposits. All prior period business results have been restated to reflect this revision. This revision did not impact the consolidated results.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><i>Business accounting principles</i></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">Our business data has been determined on an internal management basis of accounting, rather than the generally accepted accounting principles used for consolidated financial reporting. These measurement principles are designed so that reported results of the businesses will track their economic performance.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">The accounting policies of the businesses are the same as those described in Note 1 of the Notes to Consolidated Financial Statements in BNY Mellon’s 2010 Annual Report on Form 10-K.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; FONT-SIZE: 1px">  </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">The operations of acquired businesses are integrated with the existing businesses soon after they are completed. As a result of the integration of staff support functions, management of customer relationships, operating processes and the financial impact of funding acquisitions, we cannot precisely determine the impact of acquisitions on income before taxes and therefore do not report it.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; FONT-SIZE: 1px">  </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">Information on our businesses is reported on a continuing operations basis for all 2010 periods presented. See Note 4 of the Notes to Consolidated Financial Statements for a discussion of discontinued operations.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">We provide data for two principal businesses and the Other segment as shown below:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="20%"></td> <td valign="bottom" width="3%"></td> <td width="77%"></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; PADDING-LEFT: 8px; BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Business</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; BORDER-TOP: #000000 1px solid" valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-RIGHT: 8px; BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid" valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Primary types of revenue</b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; PADDING-LEFT: 8px" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Investment Management    </font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-RIGHT: 8px; BORDER-RIGHT: #000000 1px solid" valign="bottom"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Investment management and performance fees from:</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 3em"> <font style="FONT-FAMILY: Times New Roman" size="2">Mutual funds</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 3em"> <font style="FONT-FAMILY: Times New Roman" size="2">Institutional clients</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 3em"> <font style="FONT-FAMILY: Times New Roman" size="2">Private clients</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 3em"> <font style="FONT-FAMILY: Times New Roman" size="2">Performance fees</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 3em"> <font style="FONT-FAMILY: Times New Roman" size="2">High-net-worth individuals and families, endowments and foundations and related entities.</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Distribution and servicing fees</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; PADDING-LEFT: 8px" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Investment Services</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-RIGHT: 8px; BORDER-RIGHT: #000000 1px solid" valign="bottom"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Asset servicing fees, including institutional trust and custody fees, Broker-dealer services and securities lending</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Issuer services fees, including Corporate trust, Depositary receipts, Employee investment plan services and Shareowner services</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Clearing services fees, including Broker-dealer services and Registered investment advisor services</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Treasury services fees, including Global payment services and Working capital solutions</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Foreign exchange</font></p> </td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid; PADDING-LEFT: 8px" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Other segment</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid" valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid; PADDING-RIGHT: 8px; BORDER-RIGHT: #000000 1px solid" valign="bottom"> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Credit-related activities</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Leasing operations</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Corporate treasury activities</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Global markets and institutional banking services</font></p> <p style="MARGIN-TOP: 0px; TEXT-INDENT: -1.5em; MARGIN-BOTTOM: 1px; MARGIN-LEFT: 2em"> <font style="FONT-FAMILY: Times New Roman" size="2">•    Business exits</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">The results of our businesses are presented and analyzed on an internal management reporting basis:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Revenue amounts reflect fee and other revenue generated by each business. Fee and other revenue transferred between businesses under revenue transfer agreements is included within other revenue in each business.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Revenues and expenses associated with specific client bases are included in those businesses. For example, foreign exchange activity associated with clients using custody products is allocated to Investment Services.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Net interest revenue is allocated to businesses based on the yields on the assets and liabilities generated by each business. We employ a funds transfer pricing system that matches funds with the specific assets and liabilities of each business based on their interest sensitivity and maturity characteristics.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Support and other indirect expenses are allocated to businesses based on internally-developed methodologies.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Recurring FDIC expense is allocated to the businesses based on average deposits generated within each business.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Special litigation reserves is a corporate level item and is therefore recorded in the Other segment.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Management of the investment securities portfolio is a shared service contained in the Other segment. As a result, gains and losses associated with the valuation of the securities portfolio are included in the Other segment.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Client deposits serve as the primary funding source for our investment securities portfolio. We typically allocate all interest revenue to the businesses generating the deposits. Accordingly, the higher yield related to the restructured investment securities portfolio has been included in the results of the businesses.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Support agreement charges are recorded in the business in which the charges occurred.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Restructuring charges resulted from corporate initiatives and are therefore recorded in the Other segment.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Balance sheet assets and liabilities and their related income or expense are specifically assigned to each business. Businesses with a net liability position have been allocated assets.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">Goodwill and intangible assets are reflected within individual businesses.</font></p> </td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td width="6"><font size="1"> </font></td> <td valign="top" width="20" align="left"><font style="FONT-FAMILY: Times New Roman" size="2"></font></td> <td valign="top" width="1"><font size="1"> </font></td> <td valign="top" align="left"> <p align="left"><font style="FONT-FAMILY: Times New Roman" size="2">M&I expenses are corporate level items and are therefore recorded in the Other segment.</font></p> </td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">The following consolidating schedules show the contribution of our businesses to our overall profitability.</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="71%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>For the quarter ended March 31, 2011</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Investment<br /> Management</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2"><font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Investment<br /> Services</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2"><font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Other</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2"><font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Consolidated</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" rowspan="2"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(dollar amounts in millions)</i></font></td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-TOP: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Fee and other revenue</font></p> </td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>870</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i><b> </b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>1,950</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>84</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2,904</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i><b> </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Net interest revenue</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>53</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>639</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>6</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>698</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Times New Roman" size="1">Total revenue</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>923</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2,589</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>90</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>3,602</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>685</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>1,816</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>196</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2,697</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Income (loss) before taxes</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>238</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i><b> </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>773</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>(106</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>) </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>905</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i><b> </b></font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Pre-tax operating margin<i> (b)</i></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>26</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>30</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>% </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>N/M</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b> </b></font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>25</b></font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>% </b></font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Average assets</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>37,318</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>178,718</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>41,662</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"><b>$</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>257,698</b></font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><b>  </b></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(a)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Total fee and other revenue and income before taxes for the first quarter of 2011 includes income from consolidated investment management funds of $110 million, net of noncontrolling interests of $44 million. The net of these income statement line items of $66 million is included above in fee and other revenue.</i></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(b)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Income before taxes divided by total revenue.</i></font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="1"><i>N/M - Not meaningful.</i></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="71%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="1"><b>For the quarter ended Dec. 31, 2010</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 8px">  </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(dollar amounts in millions)</i></font></p> </td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Investment<br /> Management</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Investment<br /> Services</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Other</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Total<br /> continuing<br /> operations</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-TOP: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Fee and other revenue</font></p> </td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">899</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">2,010</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">108</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">3,017</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Net interest revenue</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">50</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">598</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">72</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">720</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Times New Roman" size="1">Total revenue</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">949</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> </i> </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">2,608</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">180</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">3,737</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Provision for credit losses</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">2</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">-</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">(24</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">(22</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">) </font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">728</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">1,812</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">263</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">2,803</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Income (loss) before taxes</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">219</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">796</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">(59</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">) </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">956</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Pre-tax operating margin<i> (b)</i></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">23</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">31</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">N/M</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">26</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">% </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Average assets</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">37,648</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">174,815</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">43,723</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">256,186</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (c)</i> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(a)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Total fee and other revenue and income before taxes for the fourth quarter of 2010 includes income from consolidated investment management funds of $59 million, net of noncontrolling interests of $14 million. The net of these income statement line items of $45 million is included above in fee and other revenue.</i></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(b)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Income before taxes divided by total revenue.</i></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(c)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Including average assets of discontinued operations of $223 million for the fourth quarter of 2010, consolidated average assets were $256,409 million.</i></font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="1"><i>N/M - Not meaningful.</i></font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; FONT-SIZE: 1px">  </p> <table border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="71%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="1"><b>For the quarter ended March 31, 2010</b></font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 8px">  </p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 1px"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(dollar amounts in millions)</i></font></p> </td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Investment<br /> Management</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Investment<br /> Services</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Other</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" colspan="2" align="right"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Total<br /> continuing<br /> operations</b></font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-TOP: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Fee and other revenue</font></p> </td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">775</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">1,590</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">205</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">2,570</font></td> <td style="BORDER-TOP: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Net interest revenue</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">52</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">653</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">60</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">765</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 2em"><font style="FONT-FAMILY: Times New Roman" size="1">Total revenue</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">827</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">2,243</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">265</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">3,335</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Provision for credit losses</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">-</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">-</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">35</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">35</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> </tr> <tr bgcolor="#CCEEFF"> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Noninterest expense</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">627</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">1,457</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">356</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">2,440</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Income (loss) before taxes</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">200</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">786</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">(126</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">) </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">860</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (a)</i> </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Pre-tax operating margin<i> (b)</i></font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">24</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">35</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">% </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">N/M</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">26</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">% </font></td> </tr> <tr> <td style="BORDER-BOTTOM: #000000 1px solid" valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="1">Average assets</font></p> </td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">33,805</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">153,666</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">37,046</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom"> <font style="FONT-FAMILY: Times New Roman" size="1">$</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="1">224,517</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="1"><i> (c)</i> </font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(a)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Total fee and other revenue and income before taxes for the first quarter of 2010 includes income from consolidated investment management funds of $65 million, net of noncontrolling interests of $24 million. The net of these income statement line items of $41 million is included above in fee and other revenue.</i></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(b)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Income before taxes divided by total revenue.</i></font></td> </tr> </table> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%"> <tr> <td valign="top" width="3%" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>(c)</i></font></td> <td valign="top" align="left"><font style="FONT-FAMILY: Times New Roman" size="1"><i>Including average assets of discontinued operations of $898 million for the first quarter of 2010, consolidated average assets were $225,415 million.</i></font></td> </tr> </table> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="1"><i>N/M - Not meaningful.</i></font></p> </div>
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2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/25/22  Bank of New York Mellon Corp.     10-K       12/31/21  183:46M
 2/25/21  Bank of New York Mellon Corp.     10-K       12/31/20  185:44M
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