CONSOLIDATED STATEMENT OF INCOME - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2017	Mar. 31, 2016
Interest income:
Loans		$ 573	$ 569
Securities		242	244
Trading securities		58	85
Short-term investments		131	64
Other		11	18
Total interest income		1,015	980
Interest expense:
Deposits		150	105
Short-term borrowings		23	18
Long-term debt		242	197
Other		3	6
Total interest expense		418	326
Net interest income	[1]	597	654
Provision for credit losses		(77)	157
Net interest income after provision for credit losses		674	497
Other revenues:
Credit card fees		11	14
Trust and investment management fees		38	39
Other fees and commissions		162	165
Trading revenue		70	16
Other securities gains, net		5	29
Servicing and other fees from HSBC affiliates		82	54
Residential mortgage banking revenue (expense)		(2)	17
Gain on instruments designated at fair value and related derivatives		34	216
Other income (loss)		161	(88)
Total other revenues		561	462
Operating expenses:
Salaries and employee benefits		265	241
Support services from HSBC affiliates		339	320
Occupancy expense, net		54	59
Other expenses		129	106
Total operating expenses	[2]	787	726
Income before income tax		448	233
Income tax expense		152	79
Net income		$ 296	$ 154

[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 the segments.

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