<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the June 1996 10-Q and is qualified in its entirety by reference to such information. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 6-mos <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 61,396 <SECURITIES> 971,652 <RECEIVABLES> 158,760 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,232,185 <PP&E> 146,010 <DEPRECIATION> 0 <TOTAL-ASSETS> 1,886,570 <CURRENT-LIABILITIES> 1,122,324 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 451 <OTHER-SE> 467,474 <TOTAL-LIABILITY-AND-EQUITY> 1,886,570 <SALES> 0 <TOTAL-REVENUES> 391,174 <CGS> 0 <TOTAL-COSTS> 320,743 <OTHER-EXPENSES> 9,074 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,731 <INCOME-PRETAX> 50,626 <INCOME-TAX> 20,757 <INCOME-CONTINUING> 29,869 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 29,869 <EPS-PRIMARY> 0.65 <EPS-DILUTED> 0.65