CONSOLIDATED STATEMENT OF INCOME (LOSS) (UNAUDITED) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2017	Sep. 30, 2016		Sep. 30, 2017	Sep. 30, 2016
Interest income	$ 33	$ 217		$ 226	$ 845
Interest expense on debt held by:
Interest expense	57	108		216	414
Net interest income (expense)	(24)	109		10	431
Provision for credit losses	0	572	[1]	0	621	[1]
Net interest income (expense) after provision for credit losses	(24)	(463)		10	(190)
Other revenues:
Derivative related income (expense)	1	3		4	(109)
Gain (loss) on debt designated at fair value and related derivatives	8	(8)		24	32
Servicing and other fees from HSBC affiliates	0	1		1	7
Lower of amortized cost or fair value adjustment on receivables held for sale	(16)	(8)		155	(119)
Gain (loss) on sale of real estate secured receivables	139	(5)		754	418
Loss on extinguishment of debt				(287)	0
Other income	14	6		23	19
Total other revenues	(113)	(11)		674	248
Operating expenses:
Salaries and employee benefits	43	56		79	128
Occupancy and equipment expenses, net	2	3		9	13
Real estate owned expenses	0	1		1	6
Support services from HSBC affiliates	15	40		59	120
Provision for securities litigation liability	0	0		0	575
Other expenses	21	35		61	144
Total operating expenses	81	135		209	986
Income (loss) from continuing operations before income tax	(218)	(609)		475	(928)
Income tax expense (benefit)	(84)	(203)		174	(322)
Income (loss) from continuing operations	(134)	(406)		301	(606)
Discontinued operations:
Income (loss) from discontinued operations before income tax	4	(2)		7	(11)
Income tax expense (benefit)	1	(4)		2	(5)
Income (loss) from discontinued operations	3	2		5	(6)
Net income (loss)	(131)	(404)		306	(612)
Non-affiliates [Member]
Interest expense on debt held by:
Interest expense	47	65		167	266
Other revenues:
Loss on extinguishment of debt	(174)	0		(174)	0
HSBC affiliates [Member]
Interest expense on debt held by:
Interest expense	10	43		49	148
Other revenues:
Loss on extinguishment of debt	$ (85)	$ 0		$ (113)	$ 0

[1] The provision for credit losses and charge-offs for real estate secured receivables during the three and nine months ended September 30, 2016 included $557 million and $576 million, respectively, related to the initial lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 2, "Receivables Held for Sale," for additional information.