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Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Summary of Related Party Transactions The following tables and discussions below present the more significant related party balances and the income (expense) generated by related party transactions:
At December 31,20212020
 (in millions)
Assets:
Cash and due from banks$300 $516 
Interest bearing deposits with banks59 187 
Securities purchased under agreements to resell(1)
594 3,941 
Trading assets119 314 
Loans2,793 1,100 
Other(2)
401 319 
Total assets$4,266 $6,377 
Liabilities:
Deposits$9,137 $15,163 
Trading liabilities(3)
130 2,375 
Short-term borrowings309 270 
Long-term debt5,511 2,878 
Other(2)
277 268 
Total liabilities$15,364 $20,954 
(1)Reflects purchases of securities under which other HSBC affiliates have agreed to repurchase.
(2)Other assets and other liabilities primarily consist of derivative balances associated with hedging activities and other miscellaneous account receivables and payables.
(3)The decrease in trading liabilities at December 31, 2021 primarily reflects a decrease in borrowing of gold inventory from HSBC Bank plc to support client activity levels.
Year Ended December 31,202120202019
 (in millions)
Income (Expense):
Interest income$26 $55 $168 
Interest expense(237)(354)(538)
Net interest expense(211)(299)(370)
Trading revenue (expense)(3,182)(93)(2,669)
Servicing and other fees from HSBC affiliates:
HSBC Bank plc176 186 171 
HSBC Markets (USA) Inc. ("HMUS")91 107 111 
Other HSBC affiliates54 54 72 
Total servicing and other fees from HSBC affiliates321 347 354 
Gain on instruments designated at fair value and related derivatives1,128 699 1,986 
Support services from HSBC affiliates:
HTSU(1,061)(1,066)(1,153)
HMUS(118)(89)(100)
Other HSBC affiliates(441)(396)(385)
Total support services from HSBC affiliates(1,620)(1,551)(1,638)
Rental income from HSBC affiliates, net(1)
42 44 55 
Stock based compensation expense(2)
(15)(22)(25)
(1)We receive rental income from our affiliates, and in some cases pay rental expense to our affiliates, for certain office space. Net rental income from our affiliates is recorded as a component of occupancy expense, net in our consolidated statement of income (loss).
(2)Employees may participate in one or more stock compensation plans sponsored by HSBC. These expenses are included in salaries and employee benefits in our consolidated statement of income (loss). Certain employees are also eligible to participate in a defined benefit pension plan and other postretirement plans sponsored by HSBC North America which are discussed in Note 22, "Pension and Other Postretirement Benefits."
Schedule of Loan Balances Outstanding with Affiliates
At December 31, 2021 and 2020, we had the following loan balances outstanding with HSBC affiliates:
At December 31,20212020
 (in millions)
HMUS and subsidiaries$1,576 $1,088 
HSBC North America
1,000 — 
Other short-term affiliate lending217 12 
Total loans$2,793 $1,100