| Schedule of Segment Reporting Information, by Segment |
Certain information concerning our segments is presented in the following tables (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | For the Three Months Ended May 31, | | For the Six Months Ended May 31, | | | 2022 | | 2021 | | 2022 | | 2021 | | Net revenues: | | | | | | | | | Reportable Segments: | | | | | | | | | Investment Banking and Capital Markets | $ | 1,098,378 | | | $ | 1,598,862 | | | $ | 2,580,196 | | | $ | 3,586,358 | | | Asset Management | 31,147 | | | 50,675 | | | 91,103 | | | 279,877 | | | Merchant Banking | 238,255 | | | 296,815 | | | 427,790 | | | 563,819 | | | Corporate | 1,818 | | | 724 | | | 2,564 | | | 1,314 | | | Total net revenues related to reportable segments | 1,369,598 | | | 1,947,076 | | | 3,101,653 | | | 4,431,368 | | |
| Reconciling items - Consolidation adjustments | (516) | | | 3,431 | | | (656) | | | 6,081 | | | Total consolidated revenues | $ | 1,369,082 | | | $ | 1,950,507 | | | $ | 3,100,997 | | | $ | 4,437,449 | | | | | | | | | | Income (loss) before income taxes: | | | | | | | | | Reportable Segments: | | | | | | | | | Investment Banking and Capital Markets | $ | 188,063 | | | $ | 435,015 | | | $ | 608,948 | | | $ | 991,246 | | | Asset Management | 973 | | | 7,148 | | | 16,982 | | | 191,080 | | | Merchant Banking | (3,628) | | | 54,448 | | | (28,035) | | | 146,650 | | | Corporate | (10,126) | | | (12,099) | | | (21,890) | | | (32,576) | | Income before income taxes related to reportable segments | 175,282 | | | 484,512 | | | 576,005 | | | 1,296,400 | | | Reconciling items - Parent Company interest | (8,385) | | | (13,829) | | | (16,776) | | | (27,731) | | | Reconciling items - Consolidation adjustments | (356) | | | 3,456 | | | (356) | | | 6,255 | | | Total consolidated income before income taxes | $ | 166,541 | | | $ | 474,139 | | | $ | 558,873 | | | $ | 1,274,924 | | | | | | | | | | | Depreciation and amortization expenses: | | | | | | | | | Reportable Segments: | | | | | | | | | Investment Banking and Capital Markets | $ | 22,766 | | | $ | 20,805 | | | $ | 46,321 | | | $ | 41,515 | | | Asset Management | 467 | | | 489 | | | 829 | | | 968 | | | Merchant Banking | 16,655 | | | 17,268 | | | 38,251 | | | 33,982 | | | Corporate | 419 | | | 878 | | | 843 | | | 1,742 | | |
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| Total consolidated depreciation and amortization expenses | $ | 40,307 | | | $ | 39,440 | | | $ | 86,244 | | | $ | 78,207 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | May 31, 2022 | | November 30, 2021 | | Identifiable Assets Employed: | | | | | | | | | Reportable Segments: | | | | | | | | | Investment Banking and Capital Markets | | | | | $ | 49,754,402 | | | $ | 52,903,374 | | | Asset Management | | | | | 3,461,539 | | | 3,205,799 | | | Merchant Banking | | | | | 2,323,547 | | | 2,263,050 | | | Corporate | | | | | 1,902,875 | | | 2,432,927 | | | Identifiable assets related to reportable segments | | | | | 57,442,363 | | | 60,805,150 | | |
| Reconciling items - Consolidation adjustments | | | | | (228,553) | | | (401,040) | | | Total consolidated assets | | | | | $ | 57,213,810 | | | $ | 60,404,110 | |
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