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Related Party Transactions (Tables)
 3 Months Ended
Mar. 31, 2016
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:
 
March 31, 2016
 
December 31, 2015
 
(in millions)
Assets:
 
 
 
Cash and due from banks
$
149

 
$
169

Interest bearing deposits with banks
188

 
244

Securities purchased under agreements to resell(1)
4,000

 
4,000

Trading assets(2)
19,438

 
18,632

Loans
5,107

 
4,815

Other(3)
205

 
458

Total assets
$
29,087

 
$
28,318

Liabilities:
 
 
 
Deposits
$
15,699

 
$
13,486

Trading liabilities(2)
20,754

 
19,496

Short-term borrowings
2,522

 
2,004

Long-term debt
1,828

 
1,827

Other(3)
295

 
346

Total liabilities
$
41,098

 
$
37,159

 
(1) 
Reflects overnight purchases of U.S. Treasury securities which HSBC Securities (USA) Inc. ("HSI") has agreed to repurchase.
(2) 
Trading assets and trading liabilities do not reflect the impact of netting which allows the offsetting of amounts relating to certain contracts if certain conditions are met. Trading assets and liabilities primarily consist of derivatives contracts.
(3) 
Other assets and other liabilities primarily consist of derivative balances associated with hedging activities and other miscellaneous account receivables and payables.
Three Months Ended March 31,
2016
 
2015
 
(in millions)
Income/(Expense):
 
 
 
Interest income
$
30

 
$
30

Interest expense
(29
)
 
(14
)
Net interest income
1

 
16

Trading revenue (expense)
(157
)
 
148

Servicing and other fees from HSBC affiliates:
 
 
 
HSBC Bank plc
22

 
19

HSBC Finance Corporation
13

 
16

HSBC Markets (USA) Inc. ("HMUS")
6

 
7

Other HSBC affiliates
13

 
14

Total servicing and other fees from HSBC affiliates
54

 
56

Gain (loss) on instruments designed at fair value and related derivatives
(44
)
 
258

Support services from HSBC affiliates:
 
 
 
HMUS
(53
)
 
(64
)
HSBC Technology & Services (USA) ("HTSU")
(229
)
 
(240
)
Other HSBC affiliates
(38
)
 
(48
)
Total support services from HSBC affiliates
(320
)
 
(352
)
Stock based compensation expense with HSBC(1)
(6
)
 
(13
)

 
(1) 
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. Employees also may participate in a defined benefit pension plan and other postretirement plans sponsored by HSBC North America which are discussed in Note 13, "Pension and Other Postretirement Benefits."
Schedule of Assets by Related Party
At March 31, 2016 and December 31, 2015, we have the following loan balances outstanding with HSBC affiliates:

March 31, 2016
 
December 31, 2015
 
(in millions)
HSBC Finance Corporation
$
3,013

 
$
3,014

HSBC Markets (USA) Inc. ("HMUS") and subsidiaries
1,043

 
978

HSBC Mexico S.A.
729

 
725

Other short-term affiliate lending
322

 
98

Total loans
$
5,107

 
$
4,815