<ARTICLE> 9
<LEGEND>
THIS SCHEDULE  CONTAINS SUMMARY FINANCIAL  INFORMATION  EXTRACTED FROM
THE CURRENT REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE  TO SUCH  FINANCIAL  STATEMENTS  AND
ACCOMPANYING DISCLOSURES.
</LEGEND>
<MULTIPLIER>                 1,000
       
                                       
<PERIOD-TYPE>                             YEAR
<FISCAL-YEAR-END>                                                    DEC-31-1996
<PERIOD-END>                                                         DEC-31-1996
<CASH>                                                                   710,183
<INT-BEARING-DEPOSITS>                                                 5,909,195
<FED-FUNDS-SOLD>                                                       2,109,109
<TRADING-ASSETS>                                                       4,807,788
<INVESTMENTS-HELD-FOR-SALE>                                           13,040,445
<INVESTMENTS-CARRYING>                                                 8,135,068
<INVESTMENTS-MARKET>                                                   8,144,518
<LOANS>                                                               11,721,936
<ALLOWANCE>                                                              350,358
<TOTAL-ASSETS>                                                        52,298,851
<DEPOSITS>                                                            31,725,579
<SHORT-TERM>                                                           5,446,841
<LIABILITIES-OTHER>                                                      218,910
<LONG-TERM>                                                            4,248,710
<COMMON>                                                                 275,048
<PREFERRED-MANDATORY>                                                          0
<PREFERRED>                                                              555,800
<OTHER-SE>                                                             2,475,772
<TOTAL-LIABILITIES-AND-EQUITY>                                        52,298,851
<INTEREST-LOAN>                                                          919,230
<INTEREST-INVEST>                                                      1,372,483
<INTEREST-OTHER>                                                         541,370
<INTEREST-TOTAL>                                                       2,833,083
<INTEREST-DEPOSIT>                                                     1,282,205
<INTEREST-EXPENSE>                                                     1,870,898
<INTEREST-INCOME-NET>                                                    962,185
<LOAN-LOSSES>                                                             32,000
<SECURITIES-GAINS>                                                        23,247
<EXPENSE-OTHER>                                                          785,754
<INCOME-PRETAX>                                                          590,546
<INCOME-PRE-EXTRAORDINARY>                                               418,840
<EXTRAORDINARY>                                                                0
<CHANGES>                                                                      0
<NET-INCOME>                                                             418,840
<EPS-PRIMARY>                                                               7.15
<EPS-DILUTED>                                                               7.07
<YIELD-ACTUAL>                                                              2.48
<LOANS-NON>                                                              105,093
<LOANS-PAST>                                                              20,099
<LOANS-TROUBLED>                                                          34,993
<LOANS-PROBLEM>                                                                0
<ALLOWANCE-OPEN>                                                         300,593
<CHARGE-OFFS>                                                             43,038
<RECOVERIES>                                                              18,043
<ALLOWANCE-CLOSE>                                                        350,358
<ALLOWANCE-DOMESTIC>                                                     212,594
<ALLOWANCE-FOREIGN>                                                      137,764
<ALLOWANCE-UNALLOCATED>                                                        0