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Related Party Transactions (Tables)
 9 Months Ended
Sep. 30, 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:
 
September 30, 2015
 
December 31, 2014
 
(in millions)
Assets:
 
 
 
Cash and due from banks
$
250

 
$
140

Interest bearing deposits with banks
362

 
928

Securities purchased under agreements to resell(1)
5,500

 
—

Trading assets(2)
21,274

 
20,194

Loans
5,447

 
4,821

Other(3)
517

 
983

Total assets
$
33,350

 
$
27,066

Liabilities:
 
 
 
Deposits
$
21,898

 
$
16,596

Trading liabilities(2)
20,691

 
21,130

Short-term borrowings
1,811

 
847

Long-term debt
1,825

 
3,981

Other(3)
846

 
459

Total liabilities
$
47,071

 
$
43,013

 
(1) 
Reflects overnight purchases of U.S. Treasury securities which HSBC Securities (USA) Inc. ("HSI") has agreed to repurchase.
(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 September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
 
(in millions)
Income/(Expense):
 
 
 
 
 
 
 
Interest income
$
28

 
$
14

 
$
86

 
$
43

Interest expense
(19
)
 
(19
)
 
(41
)
 
(56
)
Net interest income (expense)
9

 
(5
)
 
45

 
(13
)
Trading revenue (expense)
72

 
(546
)
 
441

 
159

Servicing and other fees from HSBC affiliates:
 
 
 
 
 
 
 
HSBC Bank plc
23

 
12

 
60

 
38

HSBC Finance Corporation
11

 
22

 
40

 
63

HSBC Markets (USA) Inc. ("HMUS")
6

 
8

 
19

 
15

Other HSBC affiliates
13

 
11

 
43

 
35

Total servicing and other fees from HSBC affiliates
53

 
53

 
162

 
151

Gain (loss) on instruments designed at fair value and related derivatives
(535
)
 
(80
)
 
(405
)
 
284

Support services from HSBC affiliates:
 
 
 
 
 
 
 
HMUS
(66
)
 
(56
)
 
(199
)
 
(167
)
HSBC Technology & Services (USA) ("HTSU")
(250
)
 
(274
)
 
(754
)
 
(798
)
Other HSBC affiliates
(45
)
 
(58
)
 
(145
)
 
(162
)
Total support services from HSBC affiliates
(361
)
 
(388
)
 
(1,098
)
 
(1,127
)
Stock based compensation expense with HSBC(1)
(12
)
 
(18
)
 
(40
)
 
(36
)

 
(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 September 30, 2015 and December 31, 2014, we have the following loan balances outstanding with HSBC affiliates:

September 30, 2015
 
December 31, 2014
 
(in millions)
HSBC Finance Corporation
$
3,014

 
$
3,014

HSBC Markets (USA) Inc. ("HMUS") and subsidiaries
506

 
563

HSBC Bank Brasil S.A.
1,102

 
1,108

HSBC Mexico S.A.
725

 
75

Other short-term affiliate lending
100

 
61

Total loans
$
5,447

 
$
4,821