<ARTICLE> 5
<LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 
THE 1998 ANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY 
REFERENCE TO SUCH INFORMATION.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                         DEC-31-1998
<PERIOD-END>                              DEC-31-1998
<CASH>                                         71,558
<SECURITIES>                                1,098,773         
<RECEIVABLES>                                 246,851
<ALLOWANCES>                                        0
<INVENTORY>                                         0
<CURRENT-ASSETS>                            2,903,285
<PP&E>                                        464,865
<DEPRECIATION>                                285,431
<TOTAL-ASSETS>                              3,958,338
<CURRENT-LIABILITIES>                       2,682,919
<BONDS>                                             0
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                          833
<OTHER-SE>                                    884,964
<TOTAL-LIABILITY-AND-EQUITY>                3,958,338
<SALES>                                             0 
<TOTAL-REVENUES>                            1,233,670
<CGS>                                               0         
<TOTAL-COSTS>                               1,012,215 
<OTHER-EXPENSES>                               11,816
<LOSS-PROVISION>                                    0
<INTEREST-EXPENSE>                             15,955
<INCOME-PRETAX>                               193,684
<INCOME-TAX>                                   79,410
<INCOME-CONTINUING>                           114,274
<DISCONTINUED>                                      0 
<EXTRAORDINARY>                                     0
<CHANGES>                                           0 
<NET-INCOME>                                  114,274
<EPS-PRIMARY>                                    1.40
<EPS-DILUTED>                                    1.35