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Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2015
Related Party Transactions [Abstract]  
Summary of Related Party Transactions
The following tables and discussions below present the more significant related party balances and the income (expense) generated by related party transactions:
 
March 31, 2015
 
December 31, 2014
 
(in millions)
Assets:
 
 
 
Cash and due from banks
$
171

 
$
140

Interest bearing deposits with banks(1)
1,017

 
928

Trading assets(2)
21,048

 
20,194

Loans
5,016

 
4,821

Other(3)
1,082

 
983

Total assets
$
28,334

 
$
27,066

Liabilities:
 
 
 
Deposits
$
15,688

 
$
16,596

Trading liabilities(2)
22,478

 
21,130

Short-term borrowings
1,676

 
847

Long-term debt
—

 
3,981

Other(3)
387

 
459

Total liabilities
$
40,229

 
$
43,013

 
(1) 
Includes interest bearing deposits with HSBC Mexico S.A. of $800 million at both March 31, 2015 and December 31, 2014, respectively.
(2) 
Trading assets and trading liabilities do not reflect the impact of netting which allows the offsetting of amounts relating to certain contracts if certain conditions are met. Trading assets and liabilities primarily consist of derivatives contracts.
(3) 
Other assets and other liabilities primarily consist of derivative contracts.
Three Months Ended March 31,
2015
 
2014
 
(in millions)
Income/(Expense):
 
 
 
Interest income
$
30

 
$
14

Interest expense
(14
)
 
(18
)
Net interest income (expense)
16

 
(4
)
Trading revenue
148

 
852

Servicing and other fees from HSBC affiliates:
 
 
 
HSBC Bank Plc
19

 
16

HSBC Finance Corporation
16

 
15

HSBC Markets (USA) Inc. ("HMUS")
7

 
4

Other HSBC affiliates
14

 
12

Total servicing and other fees from HSBC affiliates
56

 
47

Gain (loss) on instruments designed at fair value and related derivatives
258

 
98

Support services from HSBC affiliates:
 
 
 
HMUS
(64
)
 
(57
)
HSBC Technology & Services (USA) ("HTSU")
(240
)
 
(253
)
Other HSBC affiliates
(48
)
 
(44
)
Total support services from HSBC affiliates
(352
)
 
(354
)
Stock based compensation expense with HSBC(1)
(13
)
 
(7
)

 
(1) 
Employees may participate in one or more stock compensation plans sponsored by HSBC. These expenses are included in salaries and employee benefits in our consolidated statement of income. Employees also may participate in a defined benefit pension plan and other postretirement plans sponsored by HSBC North America which are discussed in Note 12, "Pension and Other Postretirement Benefits."
Schedule of Assets by Related Party
At March 31, 2015 and December 31, 2014, we have the following loan balances outstanding with HSBC affiliates:

March 31, 2015
 
December 31, 2014
 
(in millions)
HSBC Finance Corporation
$
3,014

 
$
3,014

HSBC Markets (USA) Inc. ("HMUS") and subsidiaries
764

 
563

HSBC Bank Brasil S.A.
1,110

 
1,108

Other short-term affiliate lending
128

 
136

Total loans
$
5,016

 
$
4,821