<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Company's Consolidated Balance Sheet at June 30, 1996 and Consolidated
Statement of Income for the six months ended June 30, 1996 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>     1,000,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                           4,970
<SECURITIES>                                    41,123
<RECEIVABLES>                                   20,209
<ALLOWANCES>                                       832
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,560
<DEPRECIATION>                                   1,794
<TOTAL-ASSETS>                                 107,647
<CURRENT-LIABILITIES>                                0
<BONDS>                                         24,984
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           286
<OTHER-SE>                                       7,669
<TOTAL-LIABILITY-AND-EQUITY>                   107,647
<SALES>                                              0
<TOTAL-REVENUES>                                 7,926
<CGS>                                                0
<TOTAL-COSTS>                                    3,737
<OTHER-EXPENSES>                                   652
<LOSS-PROVISION>                                 1,737
<INTEREST-EXPENSE>                                 600
<INCOME-PRETAX>                                  1,200
<INCOME-TAX>                                       351
<INCOME-CONTINUING>                                849
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       849
<EPS-PRIMARY>                                     1.73
<EPS-DILUTED>                                        0