<TABLE> <S> <C>

<PAGE>

<ARTICLE> 9
<MULTIPLIER> 1,000,000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                        DEC-31-2000
<PERIOD-START>                           JAN-01-2000
<PERIOD-END>                             JUN-30-2000
<CASH>                                          16,470
<INT-BEARING-DEPOSITS>                           7,649
<FED-FUNDS-SOLD>                                10,592
<TRADING-ASSETS>                                10,681
<INVESTMENTS-HELD-FOR-SALE>                     38,288
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                        172,591
<ALLOWANCE>                                      2,983
<TOTAL-ASSETS>                                 272,709
<DEPOSITS>                                     163,169
<SHORT-TERM>                                    39,437
<LIABILITIES-OTHER>                             12,190
<LONG-TERM>                                     39,093<F1>
<COMMON>                                            12
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        190
<OTHER-SE>                                      18,618<F2>
<TOTAL-LIABILITIES-AND-EQUITY>                 272,709
<INTEREST-LOAN>                                  7,346
<INTEREST-INVEST>                                1,670
<INTEREST-OTHER>                                   703
<INTEREST-TOTAL>                                 9,719
<INTEREST-DEPOSIT>                               2,876
<INTEREST-EXPENSE>                               5,305
<INTEREST-INCOME-NET>                            4,414
<LOAN-LOSSES>                                    1,375
<SECURITIES-GAINS>                               (399)<F3>
<EXPENSE-OTHER>                                  6,168
<INCOME-PRETAX>                                (1,020)
<INCOME-PRE-EXTRAORDINARY>                       (580)
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (580)
<EPS-BASIC>                                   (0.51)
<EPS-DILUTED>                                   (0.51)
<YIELD-ACTUAL>                                    3.77
<LOANS-NON>                                      1,690
<LOANS-PAST>                                         0<F4>
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                 2,285
<CHARGE-OFFS>                                      721
<RECOVERIES>                                       136
<ALLOWANCE-CLOSE>                                2,983
<ALLOWANCE-DOMESTIC>                                 0<F5>
<ALLOWANCE-FOREIGN>                                  0<F5>
<ALLOWANCE-UNALLOCATED>                            689
<FN>
<F1> Guaranteed Preferred Beneficial Interest in the Corporation's Junior
Subordinated Debt of $1,578 is included in the period ended June 30, 2000
<F2> Treasury stock of $1,180 million is included as a reduction of
stockholders' equity at June 30, 2000
<F3> Investment securities gains do not include the Corporation's equity gains
which totaled $203 million for the period ended June 30, 2000
<F4> For purposes of this filing the Corporation has not disclosed this
information. These items will be disclosed on an annual basis on Form 10-K
<F5> The Corporation is not required to present separate data related to foreign
activities.
</FN>


</TABLE>