CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Interest income		$ 342	$ 432
Interest expense on debt held by:
Interest expense		160	248
Net interest income		182	184
Provision for credit losses	[1]	37	27
Net interest income after provision for credit losses		145	157
Other revenues:
Derivative related expense		(115)	(97)
Gain on debt designated at fair value and related derivatives		24	59
Servicing and other fees from HSBC affiliates		4	6
Lower of amortized cost or fair value adjustment on receivables held for sale		(55)	(17)
Other income		9	7
Total other revenues		(133)	(42)
Operating expenses:
Salaries and employee benefits		38	42
Occupancy and equipment expenses, net		6	8
Real estate owned expenses		3	4
Other expenses		49	40
Support services from HSBC affiliates		42	54
Total operating expenses		138	148
Loss from continuing operations before income tax		(126)	(33)
Income tax benefit		(56)	(28)
Loss from continuing operations		(70)	(5)
Discontinued operations:
Loss from discontinued operations before income tax		(7)	0
Income tax benefit		3	0
Loss from discontinued operations		(4)	0
Net loss		(74)	(5)
Debt issued to non-affiliates [Member]
Interest expense on debt held by:
Interest expense		107	195
Debt issued to HSBC affiliates [Member]
Interest expense on debt held by:
Interest expense		$ 53	$ 53

[1] The provision for credit losses and charge-offs for real estate secured receivables during the three months ended March 31, 2016 include $13 million related to the lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 5, "Receivables Held for Sale," for additional information. The provision for credit losses for real estate secured receivables during the three months ended March 31, 2015 was impacted by a release of approximately $19 million associated with a correction to our credit loss reserve calculation for a segment of our portfolio.