CONSOLIDATED STATEMENT OF INCOME (LOSS) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2016	Mar. 31, 2015
Interest income:
Loans		$ 569	$ 501
Securities		244	200
Trading securities		85	95
Short-term investments		64	22
Other		18	15
Total interest income		980	833
Interest expense:
Deposits		105	46
Short-term borrowings		18	11
Long-term debt		197	167
Other		6	3
Total interest expense		326	227
Net interest income	[1]	654	606
Provision for credit losses		157	53
Net interest income after provision for credit losses		497	553
Other revenues:
Credit card fees		14	10
Trust and investment management fees		39	35
Other fees and commissions		165	182
Trading revenue		16	33
Other securities gains, net		29	23
Servicing and other fees from HSBC affiliates		54	56
Residential mortgage banking revenue		17	19
Gain on instruments designated at fair value and related derivatives		216	85
Other income (loss)		(88)	21
Total other revenues		462	464
Operating expenses:
Salaries and employee benefits		241	246
Support services from HSBC affiliates		320	352
Occupancy expense, net		59	56
Other expenses		106	123
Total operating expenses	[2]	726	777
Income before income tax		233	240
Income tax expense		79	76
Net income		$ 154	$ 164

[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 Balance Sheet Management and more appropriately reflect the profitability of segments.

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