CONSOLIDATED STATEMENT OF INCOME - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest income:
Loans		$ 572	$ 515	$ 1,141	$ 1,016
Securities		243	223	487	423
Trading securities		60	91	145	186
Short-term investments		104	26	168	48
Other		1	14	19	29
Total interest income		980	869	1,960	1,702
Interest expense:
Deposits		117	54	222	100
Short-term borrowings		21	11	39	22
Long-term debt		203	173	400	340
Other		1	5	7	8
Total interest expense		342	243	668	470
Net interest income	[1]	638	626	1,292	1,232
Provision for credit losses		134	(6)	291	47
Net interest income after provision for credit losses		504	632	1,001	1,185
Other revenues:
Credit card fees		13	11	27	21
Trust and investment management fees		39	46	78	81
Other fees and commissions		177	190	342	372
Trading revenue		49	24	65	57
Other securities gains, net		36	35	65	58
Servicing and other fees from HSBC affiliates		51	53	105	109
Residential mortgage banking revenue		10	15	27	34
Gain (loss) on instruments designated at fair value and related derivatives		(38)	56	178	141
Other income (loss)		(44)	(27)	(132)	(6)
Total other revenues		293	403	755	867
Operating expenses:
Salaries and employee benefits		242	267	483	513
Support services from HSBC affiliates		355	385	675	737
Occupancy expense, net		57	59	116	115
Other expenses		169	139	275	262
Total operating expenses	[2]	823	850	1,549	1,627
Income (loss) before income tax		(26)	185	207	425
Income tax expense (benefit)		(5)	98	74	174
Net income (loss)		$ (21)	$ 87	$ 133	$ 251

[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.