<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEPTEMBER 1999 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
INFORMATION.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               SEP-30-1999
<CASH>                                          75,903
<SECURITIES>                                 1,639,552
<RECEIVABLES>                                  233,236
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             3,712,760
<PP&E>                                         195,743
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               5,063,287
<CURRENT-LIABILITIES>                        3,529,747
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         1,254
<OTHER-SE>                                   1,019,478
<TOTAL-LIABILITY-AND-EQUITY>                 5,063,287
<SALES>                                              0
<TOTAL-REVENUES>                             1,033,044
<CGS>                                                0
<TOTAL-COSTS>                                  825,497
<OTHER-EXPENSES>                                19,841
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              13,213
<INCOME-PRETAX>                                174,493
<INCOME-TAX>                                    71,542
<INCOME-CONTINUING>                            102,951
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   102,951
<EPS-BASIC>                                       0.83
<EPS-DILUTED>                                     0.81