<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND INCOME STATEMENT AND FROM THE MANAGEMENT DISCUSSION AND ANALYSIS AND
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS AND
MANAGEMENT DISCUSSION.
</LEGEND>
<MULTIPLIER> 1,000,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1999
<CASH>                                           1,791
<INT-BEARING-DEPOSITS>                          14,209
<FED-FUNDS-SOLD>                                12,648
<TRADING-ASSETS>                                   729
<INVESTMENTS-HELD-FOR-SALE>                     11,863
<INVESTMENTS-CARRYING>                           1,195
<INVESTMENTS-MARKET>                             1,188
<LOANS>                                          7,303
<ALLOWANCE>                                         88
<TOTAL-ASSETS>                                  53,330
<DEPOSITS>                                      32,782
<SHORT-TERM>                                    14,617
<LIABILITIES-OTHER>                              2,568
<LONG-TERM>                                        922
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                           167
<OTHER-SE>                                       2,274
<TOTAL-LIABILITIES-AND-EQUITY>                  53,330
<INTEREST-LOAN>                                    220
<INTEREST-INVEST>                                  289
<INTEREST-OTHER>                                   665
<INTEREST-TOTAL>                                 1,174
<INTEREST-DEPOSIT>                                 343
<INTEREST-EXPENSE>                                 786
<INTEREST-INCOME-NET>                              388
<LOAN-LOSSES>                                        8
<SECURITIES-GAINS>                                   5
<EXPENSE-OTHER>                                  1,134
<INCOME-PRETAX>                                    373
<INCOME-PRE-EXTRAORDINARY>                         373
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       245
<EPS-BASIC>                                       1.52
<EPS-DILUTED>                                     1.49
<YIELD-ACTUAL>                                    4.95
<LOANS-NON>                                         17
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                    84
<CHARGE-OFFS>                                      (4)
<RECOVERIES>                                         0
<ALLOWANCE-CLOSE>                                   88
<ALLOWANCE-DOMESTIC>                                79
<ALLOWANCE-FOREIGN>                                  9
<ALLOWANCE-UNALLOCATED>                              0