Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands |
May 31, 2016 |
Nov. 30, 2015 |
| ASSETS |
|
|
| Cash and cash equivalents ($4,303 and $2,015 at May 31, 2016 and November 30, 2015, respectively, related to consolidated VIEs) |
$ 2,838,829
|
$ 3,510,163
|
| Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations |
836,871
|
751,084
|
| Financial instruments owned, at fair value, (including securities pledged of $11,674,370 and $12,207,123 at May 31, 2016 and November 30, 2015, respectively; and $79,656 and $68,951 at May 31, 2016 and November 30, 2015, respectively, related to consolidated VIEs) |
15,119,426
|
16,559,116
|
| Investments in managed funds |
183,149
|
85,775
|
| Loans to and investments in related parties |
636,697
|
825,908
|
| Securities borrowed |
7,577,394
|
6,975,136
|
| Securities purchased under agreements to resell |
3,233,089
|
3,857,306
|
| Receivables: |
|
|
| Brokers, dealers and clearing organizations |
1,909,145
|
1,574,759
|
| Customers |
1,096,781
|
1,191,316
|
| Fees, interest and other ($471 and $329 at May 31, 2016 and November 30, 2015, respectively, related to consolidated VIEs) |
349,722
|
260,924
|
| Premises and equipment |
251,891
|
243,486
|
| Goodwill |
1,653,267
|
1,656,588
|
| Other assets ($27,088 and $0 at May 31, 2016 and November 30, 2015, respectively, related to consolidated VIEs) |
1,433,768
|
1,072,411
|
| Total assets |
37,120,029
|
38,563,972
|
| LIABILITIES AND EQUITY |
|
|
| Short-term borrowings |
397,206
|
310,659
|
| Financial instruments sold, not yet purchased, at fair value |
7,961,813
|
6,785,064
|
| Collateralized financings: |
|
|
| Securities loaned |
2,949,266
|
2,979,300
|
| Securities sold under agreements to repurchase |
8,459,021
|
10,004,428
|
| Other secured financings ($504,340 and $762,909 at May 31, 2016 and November 30, 2015, respectively, related to consolidated VIEs) |
640,103
|
762,909
|
| Payables: |
|
|
| Brokers, dealers and clearing organizations |
2,482,326
|
2,742,001
|
| Customers |
2,412,986
|
2,780,493
|
| Accrued expenses and other liabilities ($2,764 and $893 at May 31, 2016 and November 30, 2015, respectively, related to consolidated VIEs) |
1,066,839
|
1,049,019
|
| Long-term debt (includes $92,993 and $0 at fair value at May 31, 2016 and November 30, 2015, respectively; and $21,619 and $0 related to consolidated VIEs at May 31, 2016 and November 30, 2015, respectively) |
5,406,624
|
5,640,722
|
| Total liabilities |
31,776,184
|
33,054,595
|
| EQUITY |
|
|
| Member’s paid-in capital |
5,409,754
|
5,526,855
|
| Accumulated other comprehensive loss: |
|
|
| Currency translation adjustments |
(60,833)
|
(36,811)
|
| Changes in instrument specific credit risk |
(2,305)
|
0
|
| Additional minimum pension liability |
(7,972)
|
(8,135)
|
| Total accumulated other comprehensive loss |
(71,110)
|
(44,946)
|
| Total member’s equity |
5,338,644
|
5,481,909
|
| Noncontrolling interests |
5,201
|
27,468
|
| Total equity |
5,343,845
|
5,509,377
|
| Total liabilities and equity |
$ 37,120,029
|
$ 38,563,972
|