<ARTICLE>                          5
<LEGEND>                      THIS SCHEDULE CONTAINS SUMMARY FINANCIAL 
                              INFORMATION EXTRACTED FROM FINANCIAL 
                              STATEMENTS INCORPORATED BY REFERENCE INTO 
                              REGISTRANT'S ANNUAL REPORT ON FORM 10-K 
                              FOR YEAR ENDED 31 DECEMBER 1995 AND IS 
                              QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
                              SUCH FINANCIAL STATEMENTS.
<MULTIPLIER>                    1000
<CURRENCY>                    U.S. DOLLARS
<FISCAL-YEAR-END>          DEC-31-1995
<PERIOD-END>               DEC-31-1995
<PERIOD-TYPE>                   YEAR   
<EXCHANGE-RATE>                    1
<CASH>                         72179
<SECURITIES>                 1427186
<RECEIVABLES>                  95631
<ALLOWANCES>                    5643
<INVENTORY>                        0
<CURRENT-ASSETS>             1717439
<PP&E>                        132366
<DEPRECIATION>                 84028
<TOTAL-ASSETS>               2159010
<CURRENT-LIABILITIES>        188,969
<BONDS>                            0
<PREFERRED-MANDATORY>              0
<PREFERRED>                        0
<COMMON>                         245
<OTHER-SE>                   1781648
<TOTAL-LIABILITY-AND-EQUITY> 2159010
<SALES>                            0
<TOTAL-REVENUES>              454702
<CGS>                              0
<TOTAL-COSTS>                 336123
<OTHER-EXPENSES>                   0
<LOSS-PROVISION>                   0
<INTEREST-EXPENSE>                 0
<INCOME-PRETAX>                71759
<INCOME-TAX>                   18800
<INCOME-CONTINUING>            37057
<DISCONTINUED>                     0
<EXTRAORDINARY>                    0
<CHANGES>                          0
<NET-INCOME>                   37057
<EPS-PRIMARY>                   1.51
<EPS-DILUTED>                      0