XML 53 R116.htm IDEA: XBRL DOCUMENT v2.4.0.8
Related Party Transactions - Related Party Balances and Income and (Expense) Generated by Related Party Transactions (Detail) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Assets:      
Cash $ 175 $ 197  
Securities purchased under agreements to resell 6,924 2,160  
Other assets 1,417 1,264  
Total assets 37,872 46,778  
Liabilities:      
Due to affiliates 8,742 9,089  
Derivative related liability 0 22  
Other liabilities 1,299 1,372  
Total liabilities 31,211 40,673  
Income/(Expense):      
Servicing and other fees from HSBC affiliates 26 35 20
Support services from HSBC affiliates (281) (310) (270)
HSBC affiliates [Member]
     
Assets:      
Cash 172 193  
Securities purchased under agreements to resell 6,924 [1] 2,160 [1]  
Other assets 86 105  
Total assets 7,182 2,458  
Liabilities:      
Due to affiliates 8,742 [2] 9,089 [2]  
Derivative related liability 0 18  
Other liabilities 51 83  
Total liabilities 8,793 9,190  
Income/(Expense):      
Interest income from HSBC affiliates 5 4 6
Interest expense paid to HSBC affiliates (474) [3] (552) [3] (578) [3]
Net interest income (loss) (469) (548) (572)
Servicing and other fees from HSBC affiliates 26 35 20
Support services from HSBC affiliates (281) (310) (270)
Stock based compensation expense with HSBC (4) [4] (10) [4] (8) [4]
HSBC affiliates [Member] | Borrowings [Member]
     
Income/(Expense):      
Gain (loss) on FVO debt with affiliate $ 18 $ (68) $ (10)
[1] Securities under an agreement to resell are purchased from HSI and generally have terms of 120 days or less. The collateral underlying the securities purchased under agreements to resell, however, is with an unaffiliated third party. Interest income recognized on these securities is reflected as interest income from HSBC affiliate in the table below.
[2] Due to affiliates includes amounts owed to HSBC and its subsidiaries as a result of direct debt issuances as well as HSBC's ownership of our subordinated debt and excludes preferred stock.
[3] Includes interest expense paid to HSBC affiliates for debt held by HSBC affiliates as well as net interest paid to or received from HSBC affiliates on risk management hedges related to non-affiliated debt.
[4] Employees participate in one or more stock compensation plans sponsored by HSBC. These expenses are included in Salary and employee benefits in our consolidated statement of income (loss). Employees also participate in a defined benefit pension plan and other postretirement benefit plans sponsored by HSBC North America which are discussed in Note 16, “Pension and Other Postretirement Benefits.”