<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JUNE 1998 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH INFORMATION. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> JUN-30-1998 <CASH> 65,677 <SECURITIES> 1,072,415 <RECEIVABLES> 214,904 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,040,270 <PP&E> 158,779 <DEPRECIATION> 0 <TOTAL-ASSETS> 3,930,721 <CURRENT-LIABILITIES> 2,838,853 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 831 <OTHER-SE> 796,713 <TOTAL-LIABILITY-AND-EQUITY> 3,930,721 <SALES> 0 <TOTAL-REVENUES> 585,049 <CGS> 0 <TOTAL-COSTS> 478,534 <OTHER-EXPENSES> 4,309 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 7,595 <INCOME-PRETAX> 94,611 <INCOME-TAX> 38,791 <INCOME-CONTINUING> 55,820 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 55,820 <EPS-PRIMARY> 0.68 <EPS-DILUTED> 0.66