Consolidated Statement of Income (Loss) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010		Dec. 31, 2009
Interest income:
Loans	$ 1,812	$ 2,049		$ 2,784
Securities	1,242	1,162		972
Trading assets	197	147		219
Short-term investments	133	111		89
Other	44	48		46
Total interest income	3,428	3,517		4,110
Interest expense:
Deposits	251	329		551
Short-term borrowings	44	78		61
Long-term debt	600	492		514
Other	99	5
Total interest expense	994	904		1,126
Net interest income	2,434	2,613		2,984
Provision for credit losses	258	34		1,431
Net interest income after provision for credit losses	2,176	2,579		1,553
Other revenues:
Credit card fees	129	125		118
Other fees and commissions	777	897		811
Trust income	105	102		125
Trading revenue	349	538		263
Net other-than-temporary impairment losses(1)	0	(79)	[1],[2]	(124)	[1],[2]
Other securities gains, net	129	74		304
Servicing and other fees from HSBC affiliates	204	156		140
Residential mortgage banking revenue (loss)	37	(122)		172
Gain (loss) on instruments designated at fair value and related derivatives	471	294		(253)
Other income (loss)	66	195		(186)
Total other revenues	2,267	2,180		1,370
Operating expenses:
Salaries and employee benefits	1,114	1,061		1,113
Support services from HSBC affiliates	1,455	1,286		962
Occupancy expense, net	279	267		280
Other expenses	913	700		833
Total operating expenses	3,761	3,314		3,188
Income (loss) from continuing operations before income tax expense (benefit)	682	1,445		(265)
Income tax expense (benefit)	227	439		(98)
Income (loss) from continuing operations	455	1,006		(167)
Discontinued Operations (Note 3):
Income from discontinued operations before income tax expense	871	878		39
Income tax expense	308	320		14
Income from discontinued operations	563	558		25
Net income (loss)	$ 1,018	$ 1,564		$ (142)

[1] During 2011, there were no other-than-temporary ("OTTI") losses on securities recognized in other revenues and no OTTI losses on securities were recognized in the non-credit component in accumulated other comprehensive income (loss) ("AOCI"), net of tax. During 2010, other-than-temporary impairment OTTI losses on securities available-for-sale and held-to-maturity totaling $79 million were recognized in other revenues and losses in the non-credit component recognized in AOCI, net of tax were not significant. During 2009, $208 million of OTTI losses on securities available-for-sale were recognized, of which $84 million was recognized in AOCI, net of tax.

[2] During 2011, there were no other-than-temporary ("OTTI") losses on securities recognized in other revenues and no OTTI losses on securities were recognized in the non-credit component in accumulated other comprehensive income (loss) ("AOCI"), net of tax. During 2010, other-than-temporary impairment OTTI losses on securities available-for-sale and held-to-maturity totaling $79 million were recognized in other revenues. There were no significant losses in the non-credit component of such impaired securities reflected in AOCI, net of tax. During 2009, $208 million of OTTI losses on securities available-for-sale were recognized, of which $84 million was recognized in AOCI, net of tax.