<ARTICLE> 9 <MULTIPLIER> 1,000,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> JAN-01-1995 <PERIOD-END> MAR-31-1995 <EXCHANGE-RATE> 1 <CASH> 1,153 <INT-BEARING-DEPOSITS> 1,650 <FED-FUNDS-SOLD> 27,478 <TRADING-ASSETS> 68,198 <INVESTMENTS-HELD-FOR-SALE> 21,655 <INVESTMENTS-CARRYING> 0 <INVESTMENTS-MARKET> 0 <LOANS> 24,434 <ALLOWANCE> 1,132 <TOTAL-ASSETS> 167,077 <DEPOSITS> 46,824 <SHORT-TERM> 49,486 <LIABILITIES-OTHER> 52,835 <LONG-TERM> 8,292 <COMMON> 502 <PREFERRED-MANDATORY> 0 <PREFERRED> 494 <OTHER-SE> 8,644 <TOTAL-LIABILITIES-AND-EQUITY> 167,077 <INTEREST-LOAN> 415 <INTEREST-INVEST> 399 <INTEREST-OTHER> 1,656 <INTEREST-TOTAL> 2,470 <INTEREST-DEPOSIT> 619 <INTEREST-EXPENSE> 1,970 <INTEREST-INCOME-NET> 500 <LOAN-LOSSES> 0 <SECURITIES-GAINS> 9 <EXPENSE-OTHER> 1,002 <INCOME-PRETAX> 386 <INCOME-PRE-EXTRAORDINARY> 255 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 255 <EPS-PRIMARY> 1.27 <EPS-DILUTED> 1.27 <YIELD-ACTUAL> 1.59 <LOANS-NON> 216 <LOANS-PAST> 0 <LOANS-TROUBLED> 0 <LOANS-PROBLEM> 0 <ALLOWANCE-OPEN> 1,131 <CHARGE-OFFS> 8 <RECOVERIES> 9 <ALLOWANCE-CLOSE> 1,132 <ALLOWANCE-DOMESTIC> 72 <ALLOWANCE-FOREIGN> 111 <ALLOWANCE-UNALLOCATED> 949