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DERIVATIVES (Tables) | 9 Months Ended
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Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of notional and fair values of derivatives | The following table presents the total notional and fair values of the Company’s derivatives as of September 30, 2016 and December 31, 2015:
($ in thousands) |  | September 30, 2016 |  | December 31, 2015
| Notional Amount |  | Fair Value |  | Notional Amount |  | Fair Value
|  | Derivative Assets (1) |  | Derivative Liabilities (1) |  |  | Derivative Assets (1) |  | Derivative Liabilities (1)
Derivatives designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps on certificates of deposit |  | $ | 48,365 |  |  | $ | — |  |  | $ | 2,137 |  |  | $ | 112,913 |  |  | $ | — |  |  | $ | 5,213 |
Foreign currency forward contracts |  | 83,026 |  |  | — |  |  | 78 |  |  | 86,590 |  |  | 2,365 |  |  | — |
Total derivatives designated as hedging instruments |  | $ | 131,391 |  |  | $ | — |  |  | $ | 2,215 |  |  | $ | 199,503 |  |  | $ | 2,365 |  |  | $ | 5,213 |
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps and options |  | $ | 7,450,492 |  |  | $ | 144,293 |  |  | $ | 146,623 |  |  | $ | 6,494,900 |  |  | $ | 67,215 |  |  | $ | 67,325 |
Foreign exchange contracts |  | 605,439 |  |  | 6,065 |  |  | 3,334 |  |  | 652,993 |  |  | 10,254 |  |  | 9,350 |
RPAs |  | 66,845 |  |  | — |  |  | 8 |  |  | 43,033 |  |  | — |  |  | 4 |
Total derivatives not designated as hedging instruments |  | $ | 8,122,776 |  |  | $ | 150,358 |  |  | $ | 149,965 |  |  | $ | 7,190,926 |  |  | $ | 77,469 |  |  | $ | 76,679 |
(1) | Derivative assets are included in Other assets on the Consolidated Balance Sheets. Derivative liabilities are included in Accrued expenses and other liabilities and Interest-bearing deposits on the Consolidated Balance Sheets.
Schedule of net gains (losses) recognized on the Consolidated Statements of Income related to derivatives designated as fair value hedge | The following table presents the net gains (losses) recognized on the Consolidated Statements of Income related to the derivatives designated as fair value hedges for the three and nine months ended September 30, 2016 and 2015:
($ in thousands) |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
(Losses) gains recorded in interest expense: |  |  |  |  |  |  |  |
Recognized on interest rate swaps |  | $ | (1,327 | ) |  | $ | 4,616 |  |  | $ | 3,044 |  |  | $ | 5,336 |
Recognized on certificates of deposit |  | 674 |  |  | (4,247 | ) |  | (2,688 | ) |  | (4,647 | )
Net amount recognized on fair value hedges (ineffective portion) |  | $ | (653 | ) |  | $ | 369 |  |  | $ | 356 |  |  | $ | 689 |
Schedule of gains (losses) related to net investment hedges in accumulated other comprehensive income (loss) and Consolidated Statements of Income | The following table presents the gains recorded in the Foreign currency translation adjustment account within AOCI related to the effective portion of the net investment hedges and the ineffectiveness recorded on the Consolidated Statements of Income for the three and nine months ended September 30, 2016 and 2015:
($ in thousands) |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Gains recognized in AOCI on net investment hedges (effective portion) |  | $ | 69 |  |  | $ | — |  |  | $ | 296 |  |  | $ | — |
Losses recognized in Foreign exchange income (ineffective portion) |  | $ | (236 | ) |  | $ | — |  |  | $ | (667 | ) |  | $ | — |
Schedule of net gains (losses) recognized on the Consolidated Statements of Income related to derivatives not designated as hedging instruments | The following table presents the net gains (losses) recognized on the Company’s Consolidated Statements of Income related to derivatives not designated as hedging instruments for the three and nine months ended September 30, 2016 and 2015:
($ in thousands) |  | Location in Consolidated Statements of Income |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
Derivatives not designated as hedging instruments: |  |  |  |  |  |  |  |  |  |
Interest rate swaps and options |  | Other fees and operating income |  | $ | 411 |  |  | $ | (864 | ) |  | $ | (2,219 | ) |  | $ | (243 | )
Foreign exchange contracts |  | Foreign exchange income |  | 3,787 |  |  | (3,764 | ) |  | 10,982 |  |  | (1,548 | )
RPAs |  | Other fees and operating income |  | 4 |  |  | — |  |  | (8 | ) |  | — |
Foreign exchange options |  | Foreign exchange income |  | — |  |  | — |  |  | — |  |  | 236 |
Embedded derivative liabilities |  | Other operating expense |  | — |  |  | — |  |  | — |  |  | (136 | )
Net gains (losses) |  |  |  | $ | 4,202 |  |  | $ | (4,628 | ) |  | $ | 8,755 |  |  | $ | (1,691 | )
Schedule of gross derivatives on the Consolidated Balance Sheets and the respective collateral received or pledged in the form of other financial instruments | The following tables present gross derivatives on the Consolidated Balance Sheets and the respective collateral received or pledged in the form of other financial instruments, which are generally marketable securities and/or cash. The collateral amounts in these tables are limited to the outstanding balances of the related asset or liability (after netting is applied); thus instances of overcollateralization are not shown:
($ in thousands) |  | As of September 30, 2016
|  | Gross Amounts of Recognized Assets |  | Gross Amounts Offset on the Consolidated Balance Sheets |  | Net Amounts of Assets Presented on the Consolidated Balance Sheets |  | Gross Amounts Not Offset on the Consolidated Balance Sheets |  |  |
Assets |  |  |  |  | Financial Instruments |  |  | Collateral Received |  |  | Net Amount
Derivatives |  | $ | 3,811 |  |  | $ | — |  |  | $ | 3,811 |  |  | $ | (2,560 | ) | (1) |  | $ | (1,155 | ) | (2) |  | $ | 96 |
|  | Gross Amounts of Recognized Liabilities |  | Gross Amounts Offset on the Consolidated Balance Sheets |  | Net Amounts of Liabilities Presented on the Consolidated Balance Sheets |  | Gross Amounts Not Offset on the Consolidated Balance Sheets |  |  |
Liabilities |  |  |  |  | Financial Instruments |  |  | Collateral Posted |  |  | Net Amount
Derivatives |  | $ | 151,442 |  |  | $ | — |  |  | $ | 151,442 |  |  | $ | (2,560 | ) | (1) |  | $ | (148,102 | ) | (3) |  | $ | 780 |
($ in thousands) |  | As of December 31, 2015
|  | Gross Amounts of Recognized Assets |  | Gross Amounts Offset on the Consolidated Balance Sheets |  | Net Amounts of Assets Presented on the Consolidated Balance Sheets |  | Gross Amounts Not Offset on the Consolidated Balance Sheets |  |  |
Assets |  |  |  |  | Financial Instruments |  |  | Collateral Received |  |  | Net Amount
Derivatives |  | $ | 8,733 |  |  | $ | — |  |  | $ | 8,733 |  |  | $ | (5,293 | ) | (1) |  | $ | (3,068 | ) | (2) |  | $ | 372 |
|  | Gross Amounts of Recognized Liabilities |  | Gross Amounts Offset on the Consolidated Balance Sheets |  | Net Amounts of Liabilities Presented on the Consolidated Balance Sheets |  | Gross Amounts Not Offset on the Consolidated Balance Sheets |  |  |
Liabilities |  |  |  |  | Financial Instruments |  |  | Collateral Posted |  |  | Net Amount
Derivatives |  | $ | 78,779 |  |  | $ | — |  |  | $ | 78,779 |  |  | $ | (5,293 | ) | (1) |  | $ | (73,109 | ) | (3) |  | $ | 377 |
(1) | Represents the netting of derivative receivable and payable balances for the same counterparty under enforceable master netting arrangements if the Company has elected to net.
(2) | Represents $1.2 million and $3.1 million of cash collateral received against derivative assets with the same counterparty that are subject to enforceable master netting arrangements as of September 30, 2016 and December 31, 2015, respectively.
(3) | Represents cash and securities pledged against derivative liabilities with the same counterparty that are subject to enforceable master netting arrangements. Includes approximately $51.1 million and $21.1 million of cash collateral posted as of September 30, 2016 and December 31, 2015, respectively.

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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41641-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41678-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41638-113959 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5580258-113959 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579245-113959 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5579240-113959 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41620-113959 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 + Details
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