CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest income		$ 217	$ 396	$ 845	$ 1,235
Interest expense on debt held by:
Interest expense		108	214	414	701
Net interest income		109	182	431	534
Provision for credit losses	[1]	572	18	621	237
Net interest income after provision for credit losses		(463)	164	(190)	297
Other revenues:
Derivative related income (expense)		3	(128)	(109)	(135)
Gain (loss) on debt designated at fair value and related derivatives		(8)	34	32	167
Servicing and other fees from HSBC affiliates		1	5	7	17
Lower of amortized cost or fair value adjustment on receivables held for sale		(8)	(83)	(119)	(154)
Gain (loss) on sale of real estate secured receivables		(5)	2	418	20
Other income		6	72	19	83
Total other revenues		(11)	(98)	248	(2)
Operating expenses:
Salaries and employee benefits		56	55	128	158
Occupancy and equipment expenses, net		3	8	13	24
Real estate owned expenses		1	6	6	11
Support services from HSBC affiliates		40	54	120	166
Provision for securities litigation liability		0	0	575	350
Other expenses		35	109	144	193
Total operating expenses		135	232	986	902
Loss from continuing operations before income tax		(609)	(166)	(928)	(607)
Income tax benefit		(203)	(129)	(322)	(357)
Loss from continuing operations		(406)	(37)	(606)	(250)
Discontinued operations:
Loss from discontinued operations before income tax		(2)	(3)	(11)	(12)
Income tax benefit		4	3	5	4
Income (loss) from discontinued operations		2	0	(6)	(8)
Net loss		(404)	(37)	(612)	(258)
Debt issued to non-affiliates [Member]
Interest expense on debt held by:
Interest expense		65	164	266	545
Debt issued to HSBC affiliates [Member]
Interest expense on debt held by:
Interest expense		$ 43	$ 50	$ 148	$ 156

[1] The provision for credit losses and charge-offs for real estate secured receivables during the three and nine months ended September 30, 2016 include $557 million and $576 million, respectively, related to the lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. For the three and nine months ended September 30, 2015, the provision for credit losses and charge-offs included $12 million and $232 million, respectively, related to the lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 4, "Receivables Held for Sale," for additional information. During the nine months ended September 30, 2016, net charge-offs dollars were impacted by an out of period adjustment which decreased net charge-offs by $12 million in order to properly reflect charge-offs for receivables which received a partial forgiveness of principal as a result of an account modification in prior periods. The provision for credit losses for real estate secured receivables during the nine months ended September 30, 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.