CONSOLIDATED STATEMENT OF INCOME (LOSS) (UNAUDITED) - USD ($) $ in Millions		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Interest income:
Loans		$ 548	$ 572	$ 1,121	$ 1,141
Securities		242	243	484	487
Trading securities		58	60	116	145
Short-term investments		181	104	312	168
Other		13	1	24	19
Total interest income		1,042	980	2,057	1,960
Interest expense:
Deposits		169	117	319	222
Short-term borrowings		32	21	55	39
Long-term debt		251	203	493	400
Other		8	1	11	7
Total interest expense		460	342	878	668
Net interest income	[1]	582	638	1,179	1,292
Provision for credit losses		(21)	134	(98)	291
Net interest income after provision for credit losses		603	504	1,277	1,001
Other revenues:
Credit card fees		14	13	25	27
Trust and investment management fees		39	39	77	78
Other fees and commissions		163	177	325	342
Trading revenue		71	49	141	65
Other securities gains, net		19	36	24	65
Servicing and other fees from HSBC affiliates		52	51	134	105
Residential mortgage banking revenue (expense)		(2)	10	(4)	27
Gain (loss) on instruments designated at fair value and related derivatives		(1)	(38)	33	178
Other income (loss)		174	(44)	335	(132)
Total other revenues		529	293	1,090	755
Operating expenses:
Salaries and employee benefits		256	242	521	483
Support services from HSBC affiliates		355	355	694	675
Occupancy expense, net		76	57	130	116
Other expenses		133	169	262	275
Total operating expenses	[2]	820	823	1,607	1,549
Income (loss) before income tax		312	(26)	760	207
Income tax expense (benefit)		108	(5)	260	74
Net income (loss)		$ 204	$ (21)	$ 500	$ 133

[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.