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Segment Reporting (Tables)
9 Months Ended
Aug. 31, 2025
Segment Reporting [Abstract]  
Schedule of Net Revenues, Expenses and Total Assets by Segment
Three Months Ended
August 31,
Nine Months Ended
 August 31,
$ in millions
2025
2024
2025
2024
Investment Banking and Capital
Markets:
Net revenues
$1,858.7
$1,620.1
$4,728.2
$4,565.8
Non-interest expenses
1,522.4
1,251.6
4,036.6
3,791.0
Earnings from continuing operations
before income taxes
336.3
368.5
691.6
774.8
Asset Management:
Net revenues
176.9
59.0
523.2
488.9
Non-interest expenses
193.2
179.3
620.5
586.5
Losses from continuing operations
before income taxes
(16.3)
(120.3)
(97.3)
(97.6)
Total of Reportable Business
Segments:
Net revenues
2,035.6
1,679.1
5,251.4
5,054.7
Non-interest expenses
1,715.6
1,430.9
4,657.1
4,377.5
Earnings from continuing operations
before income taxes
320.0
248.2
594.3
677.2
Reconciliation to consolidated
amounts:
Net revenues
11.8
4.5
23.5
23.5
Earnings from continuing operations
before income taxes (1)
11.8
4.5
23.5
23.5
Total:
Net revenues
2,047.4
1,683.6
5,274.9
5,078.2
Non-interest expenses
1,715.6
1,430.9
4,657.1
4,377.5
Earnings from continuing operations
before income taxes
$331.8
$252.7
$617.8
$700.7
(1)Management does not consider debt valuation adjustments on derivative
contracts, gains and losses on investments held in deferred compensation
plans, foreign currency transaction gains or losses or certain other corporate
income and expense items in assessing the financial performance of
operating businesses. Collectively, these items are included in the
reconciliation of reportable business segment amounts to consolidated
amounts.
$ in millions
August 31,
2025
November 30,
2024
Investment Banking and Capital Markets .................
$63,722.7
$59,142.9
Asset Management ......................................................
5,597.0
5,217.4
Total assets ..................................................................
$69,319.7
$64,360.3
Schedule of Net Revenues by Geographic Region
Three Months Ended
August 31,
Nine Months Ended
 August 31,
$ in millions
2025
2024
2025
2024
Americas (1) ..........................................
$1,448.0
$1,159.3
$3,545.3
$3,612.2
Europe and the Middle East (2) ...........
453.8
404.3
1,312.9
1,106.5
Asia-Pacific ............................................
145.6
120.0
416.7
359.5
Net revenues .........................................
$2,047.4
$1,683.6
$5,274.9
$5,078.2
(1)Primarily relates to U.S. results.
(2)Primarily relates to U.K. results.