Consolidated Statement of Income (Unaudited) (USD $) In Millions	3 Months Ended			6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010		Jun. 30, 2011	Jun. 30, 2010
Interest income:
Loans	$ 885	$ 1,109		$ 1,808	$ 2,320
Securities	304	270		623	512
Trading assets	53	35		104	67
Short-term investments	38	29		69	57
Other	10	12		22	23
Total interest income	1,290	1,455		2,626	2,979
Interest expense:
Deposits	110	151		226	314
Short-term borrowings	8	22		21	43
Long-term debt	158	148		319	288
Other	83			85
Total interest expense	359	321		651	645
Net interest income	931	1,134		1,975	2,334
Provision for credit losses	285	456		391	667
Net interest income after provision for credit losses	646	678		1,584	1,667
Other revenues:
Credit card fees	205	249		374	482
Other fees and commissions	182	195		380	480
Trust income	28	27		56	53
Trading revenue	126	107		350	293
Net other-than-temporary impairment losses(1)		(13)	[1]		(41)	[1]
Other securities gains, net	12	1		56	22
Servicing and other fees from HSBC affiliates	56	36		102	69
Residential mortgage banking revenue (loss)	49	(80)		14	(117)
Gain on instruments designated at fair value and related derivatives	40	182		61	228
Other income	6	9		35	167
Total other revenues	704	713		1,428	1,636
Operating expenses:
Salaries and employee benefits	294	264		587	528
Support services from HSBC affiliates	517	448		978	958
Occupancy expense, net	67	65		135	136
Other expenses	187	188		465	397
Total operating expenses	1,065	965		2,165	2,019
Income from continuing operations before income tax expense	285	426		847	1,284
Income tax expense	204	125		286	439
Income from continuing operations	81	301		561	845
Discontinued Operations (Note 2):
Income (loss) from discontinuing operations before income tax (benefit) expense	1	(2)		(1)	14
Income tax (benefit) expense		(1)		(1)	5
Income (loss) from discontinued operations	1	(1)			9
Net Income	$ 82	$ 300		$ 561	$ 854

[1] During the three and six months ended June 30, 2011 there were no other-than-temporary impairment ("OTTI") losses on securities recognized in other revenues and no OTTI losses in the non-credit component on securities were recognized in accumulated other comprehensive income (loss). During the three and six months ended June 30, 2010, OTTI losses on securities available-for-sale and held-to-maturity totaling $13 million and $41 million, respectively, were recognized in other revenues and losses in the non-credit component recognized in accumulated other comprehensive income (loss) were not significant.