CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 31, 2013		Mar. 31, 2012
Interest income:
Loans	$ 464		$ 463
Securities	228		305
Trading assets	24		33
Short-term investments	14		26
Other	10		11
Total interest income	740		838
Interest expense:
Deposits	43		76
Short-term borrowings	9		9
Long-term debt	167		154
Other	16		12
Total interest expense	235		251
Net interest income	505	[1]	587	[1]
Provision for credit losses	21	[2]	0	[2]
Net interest income after provision for credit losses	484		587
Other revenues:
Credit card fees	13		30
Other fees and commissions	170		194
Trust income	32		25
Trading revenue	164		198
Other securities gains, net	131		30
Servicing and other fees from HSBC affiliates	54		56
Residential mortgage banking revenue	46		25
Loss on instruments designated at fair value and related derivatives	(27)		(212)
Other income	9		21
Total other revenues	592		367
Operating expenses:
Salaries and employee benefits	252		280
Support services from HSBC affiliates	324		368
Occupancy expense, net	59		59
Other expenses	154		149
Total operating expenses	789	[3]	856	[3]
Income from continuing operations before income tax expense	287		98
Income tax expense	104		18
Income from continuing operations	183		80
Discontinued Operations (Note 2):
Income from discontinued operations before income tax expense	0		241
Income tax expense	0		86
Income from discontinued operations	0		155
Net income	$ 183		$ 235

[1] Net interest income of each segment represents the difference between actual interest earned on assets and interest paid on liabilities of the segment adjusted for a funding charge or credit. Segments are charged a cost to fund assets (e.g. customer loans) and receive a funding credit for funds provided (e.g. customer deposits) based on equivalent market rates. The objective of these charges/credits is to transfer interest rate risk from the segments to one centralized unit in Treasury and more appropriately reflect the profitability of segmen

[2] The provision assigned to the segments is based on the segments’ net charge offs and the change in allowance for credit losses.

[3] Expenses for the segments include fully apportioned corporate overhead expenses.