CONSOLIDATED STATEMENT OF INCOME (LOSS) (UNAUDITED) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015		Sep. 30, 2014	Sep. 30, 2015		Sep. 30, 2014
Interest income	$ 396		$ 473	$ 1,235		$ 1,471
Interest expense on debt held by:
Interest expense	214		263	701		804
Net interest income	182		210	534		667
Provision for credit losses	18	[1]	(43)	237	[1]	(238)
Net interest income after provision for credit losses	164		253	297		905
Other revenues:
Derivative related expense	(128)		(7)	(135)		(187)
Gain on debt designated at fair value and related derivatives	34		72	167		145
Servicing and other fees from HSBC affiliates	5		6	17		20
Lower of amortized cost or fair value adjustment on receivables held for sale	(83)		84	(154)		292
Other income	74		14	103		28
Total other revenues	(98)		169	(2)		298
Operating expenses:
Salaries and employee benefits	55		47	158		154
Occupancy and equipment expenses, net	8		8	24		26
Real estate owned expenses	6		2	11		14
Other administrative expenses	109		52	543		120
Support services from HSBC affiliates	54		65	166		198
Total operating expenses	232		174	902		512
Income (loss) from continuing operations before income tax	(166)		248	(607)		691
Income tax expense (benefit)	(129)		87	(357)		182
Income (loss) from continuing operations	(37)		161	(250)		509
Discontinued operations:
Loss from discontinued operations before income tax	(3)		(4)	(12)		(24)
Income tax benefit (expense)	3		(5)	4		2
Loss from discontinued operations	0		(9)	(8)		(22)
Net income (loss)	(37)		152	(258)		487
Debt issued to non-affiliates [Member]
Interest expense on debt held by:
Interest expense	164		209	545		636
Debt issued to HSBC affiliates [Member]
Interest expense on debt held by:
Interest expense	$ 50		$ 54	$ 156		$ 168

[1] The provision for credit losses and charge-offs for real estate secured receivables during the three and nine months ended September 30, 2015 includes $12 million and $232 million, respectively, related to the lower of amortized cost or fair value adjustment attributable to credit factors for receivables transferred to held for sale. See Note 5, "Receivables Held for Sale," for additional information. The provision for credit losses for real estate secured receivables during the nine months ended September 30, 2015 was impacted by a release of approximately $19 million associated with a correction to our credit loss reserve calculation for a segment of our portfolio.