Consolidated Statement of Income (Unaudited) (USD $) In Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010		Sep. 30, 2011	Sep. 30, 2010
Interest income:
Loans	$ 456	$ 490		$ 1,346	$ 1,593
Securities	306	311		929	822
Trading assets	52	33		156	100
Short-term investments	35	26		104	83
Other	10	12		32	35
Total interest income	859	872		2,567	2,633
Interest expense:
Deposits	58	62		171	202
Short-term borrowings	10	22		31	62
Long-term debt	151	124		445	336
Other	12			97
Total interest expense	231	208		744	600
Net interest income	628	664		1,823	2,033
Provision for credit losses	78	10		171	(7)
Net interest income after provision for credit losses	550	654		1,652	2,040
Other revenues:
Credit card fees	31	33		95	93
Other fees and commissions	223	209		608	693
Trust income	26	26		82	79
Trading revenue	(107)	126		243	419
Net other-than-temporary impairment losses(1)	0	(4)	[1]	0	(45)	[1]
Other securities gains, net	49	37		105	59
Servicing and other fees from HSBC affiliates	50	42		152	111
Residential mortgage banking revenue	34	11		48	(106)
Gain on instruments designated at fair value and related derivatives	379	89		440	317
Other income	(18)	29		19	201
Total other revenues	667	598		1,792	1,821
Operating expenses:
Salaries and employee benefits	265	285		852	813
Support services from HSBC affiliates	413	306		1,094	960
Occupancy expense, net	73	65		208	201
Other expenses	170	167		590	511
Total operating expenses	921	823		2,744	2,485
Income from continuing operations before income tax expense	296	429		700	1,376
Income tax expense	120	144		249	464
Income from continuing operations	176	285		451	912
Discontinued Operations (Note 2):
Income from discontinued operations before income tax expense	211	211		653	562
Income tax expense	76	79		231	203
Income from discontinued operations	135	132		422	359
Net Income	$ 311	$ 417		$ 873	$ 1,271

[1] During the three and nine months ended September 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 nine months ended September 30, 2010, OTTI losses on securities available-for-sale and held-to-maturity totaling $4 million and $45 million, respectively, were recognized in other revenues and losses in the non-credit component recognized in accumulated other comprehensive income (loss) were not significant.