Consolidated Statement of Income (Loss) (Unaudited) (USD $) In Millions, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Finance and other interest income	$ 858	$ 1,128	$ 1,765	$ 2,220
Interest expense on debt held by:
Interest expense	467	617	966	1,265
Net interest income	391	511	799	955
Provision for credit losses	738	583	1,529	1,291
Net Interest Income (Loss) after Provision for Credit Losses	(347)	(72)	(730)	(336)
Other revenues:
Derivative related income (expense)	(424)	(157)	(219)	(123)
Gain (loss) on debt designated at fair value and related derivatives	92	245	(304)	216
Servicing and other fees from HSBC affiliates	9	6	18	13
Lower of amortized cost or fair value adjustment on receivables held for sale	(1,547)		(1,547)	1
Other income (expense)	5	24	(8)	50
Total other revenues	(1,865)	118	(2,060)	157
Operating expenses:
Salaries and employee benefits	35	50	79	90
Occupancy and equipment expenses, net	11	13	21	29
Real estate owned expenses	20	29	49	135
Other servicing and administrative expenses	94	219	160	293
Support services from HSBC affiliates	79	72	145	139
Total operating expenses	239	383	454	686
Loss from continuing operations before income tax	(2,451)	(337)	(3,244)	(865)
Income tax benefit	939	166	1,227	472
Loss from continuing operations	(1,512)	(171)	(2,017)	(393)
Discontinued Operations (Note 2):
Income from discontinued operations before income tax	2,164	195	2,721	507
Income tax expense	(910)	(72)	(1,117)	(183)
Income from discontinued operations	1,254	123	1,604	324
Net loss	(258)	(48)	(413)	(69)
Debt issued to HSBC affiliates
Interest expense on debt held by:
Interest expense	40	37	80	75
Debt issued to non-affiliates
Interest expense on debt held by:
Interest expense	$ 427	$ 580	$ 886	$ 1,190