<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated financial statements as of and for the nine months ended September
30, 1996 included in the form 10-Q for the quarter ended September 30, 1996.
</LEGEND>
<MULTIPLIER> 1,000,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JUL-01-1996
<PERIOD-END>                               SEP-30-1996
<EXCHANGE-RATE>                                      1
<CASH>                                           1,088
<INT-BEARING-DEPOSITS>                           2,193
<FED-FUNDS-SOLD>                                34,686
<TRADING-ASSETS>                                80,784
<INVESTMENTS-HELD-FOR-SALE>                     26,565
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                         30,002
<ALLOWANCE>                                      1,113
<TOTAL-ASSETS>                                 211,648
<DEPOSITS>                                      49,908
<SHORT-TERM>                                    85,508
<LIABILITIES-OTHER>                             53,238
<LONG-TERM>                                     11,916
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        694
<COMMON>                                           502
<OTHER-SE>                                       9,882
<TOTAL-LIABILITIES-AND-EQUITY>                 211,648
<INTEREST-LOAN>                                  1,315
<INTEREST-INVEST>                                1,183
<INTEREST-OTHER>                                 5,290
<INTEREST-TOTAL>                                 7,788
<INTEREST-DEPOSIT>                               1,895
<INTEREST-EXPENSE>                               6,570
<INTEREST-INCOME-NET>                            1,218
<LOAN-LOSSES>                                        0
<SECURITIES-GAINS>                                (28)
<EXPENSE-OTHER>                                  3,326
<INCOME-PRETAX>                                  1,724
<INCOME-PRE-EXTRAORDINARY>                       1,155
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,155
<EPS-PRIMARY>                                     5.60
<EPS-DILUTED>                                     5.57
<YIELD-ACTUAL>                                    1.03
<LOANS-NON>                                        161
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 1,130
<CHARGE-OFFS>                                       35
<RECOVERIES>                                        18
<ALLOWANCE-CLOSE>                                1,113
<ALLOWANCE-DOMESTIC>                               116
<ALLOWANCE-FOREIGN>                                 73
<ALLOWANCE-UNALLOCATED>                            924