CONSOLIDATED STATEMENT OF INCOME (UNAUDITED) (USD $) In Millions, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 30, 2014		Jun. 30, 2013		Jun. 30, 2014		Jun. 30, 2013
Interest income:
Loans	$ 471		$ 478		$ 935		$ 942
Securities	194		225		401		453
Trading assets	65		27		113		51
Short-term investments	20		16		36		30
Other	12		11		22		21
Total interest income	762		757		1,507		1,497
Interest expense:
Deposits	36		56		71		99
Short-term borrowings	14		8		23		17
Long-term debt	152		166		322		333
Other	(113)		9		(101)		25
Total interest expense	89		239		315		474
Net interest income	673	[1]	518	[1]	1,192	[1]	1,023	[1]
Provision for credit losses	85		67		101	[2]	88	[2]
Net interest income after provision for credit losses	588		451		1,091		935
Other revenues:
Credit card fees	13		21		27		34
Other fees and commissions	182		176		355		346
Trust income	32		31		63		63
Trading revenue	15		127		148		271
Net other-than-temporary impairment losses	(5)	[3]	0	[3]	(7)	[3]	0	[3]
Other securities gains (losses), net	(7)		23		15		154
Servicing and other fees from HSBC affiliates	51		59		98		113
Residential mortgage banking revenue	22		9		70		55
Gain (loss) on instruments designated at fair value and related derivatives	(44)		95		(16)		88
Other income	2		25		8		34
Total other revenues	261		566		761		1,158
Operating expenses:
Salaries and employee benefits	223		247		438		499
Support services from HSBC affiliates	385		362		739		686
Occupancy expense, net	52		57		109		116
Other expenses	216		100		340		233
Total operating expenses	876	[4]	766	[4]	1,626	[4]	1,534	[4]
Income (loss) before income tax	(27)		251		226		559
Income tax expense (benefit)	(206)		71		(57)		196
Net income	$ 179		$ 180		$ 283		$ 363

[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 segments.

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

[3] During the three and six months ended June 30, 2014, other-than-temporary impairment ("OTTI") losses on securities held-to-maturity totaling $5 million and $7 million, respectively, were recognized in other revenues. There were no losses in the non-credit component of such impaired securities reflected in accumulated other comprehensive income ("AOCI"), net of tax during the periods. During the three and six months ended June 30, 2013, there were no OTTI losses on securities recognized in other revenues and no OTTI loss on securities were recognized in the non-credit component in AOCI, net of tax.

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