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Related Party Transactions - Summary of Related Party Transactions (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Mar. 31, 2020
Assets:      
Cash and due from banks $ 1,447 $ 1,302  
Interest bearing deposits with banks 53,607 14,353  
Securities purchased under agreements to resell 3,760 35,746  
Trading assets 25,822 27,284  
Loans 61,526 62,088  
Other 6,109 6,084  
Total assets 194,856 [1] 196,434 [1] $ 205,077
Liabilities:      
Deposits 148,582 145,150 $ 136,723
Trading liabilities 2,319 5,397  
Short-term borrowings 5,243 4,952  
Long-term debt 18,179 19,979  
Other 2,559 2,665  
Total liabilities [1] 176,882 178,143  
Affiliated Entity [Member]      
Assets:      
Cash and due from banks 607 516  
Interest bearing deposits with banks 104 187  
Securities purchased under agreements to resell [2] 724 3,941  
Trading assets 98 314  
Loans 1,652 1,100  
Other [3] 402 319  
Total assets 3,587 6,377  
Liabilities:      
Deposits 15,943 15,163  
Trading liabilities [4] 44 2,375  
Short-term borrowings 660 270  
Long-term debt 3,528 2,878  
Other [3] 269 268  
Total liabilities $ 20,444 $ 20,954  
[1] Assets
[2] Reflects purchases of securities under which other HSBC affiliates have agreed to repurchase.
[3] Other assets and other liabilities primarily consist of derivative balances associated with hedging activities and other miscellaneous account receivables and payables.
[4] The decrease in trading liabilities at March 31, 2021 primarily reflects a decrease in borrowing of gold inventory from HSBC Bank plc to support client activity levels.