<TABLE> <S> <C>

<ARTICLE> 9
<LEGEND>
This schedule contains summary financial information extracted from the Bankers
Trust Corporation and Subsidiaries consolidated statement of condition at
December 31, 1996 and the consolidated statement of income for the year
ended December 31, 1996 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                            1568
<INT-BEARING-DEPOSITS>                            2210
<FED-FUNDS-SOLD>                                  1684
<TRADING-ASSETS>                                 48939
<INVESTMENTS-HELD-FOR-SALE>                       7920
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                          15880
<ALLOWANCE>                                        773
<TOTAL-ASSETS>                                  122543
<DEPOSITS>                                       30315
<SHORT-TERM>                                     42863<F1>
<LIABILITIES-OTHER>                               7438<F2>
<LONG-TERM>                                      12038
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        810
<COMMON>                                           104
<OTHER-SE>                                        4964
<TOTAL-LIABILITIES-AND-EQUITY>                  122543
<INTEREST-LOAN>                                   1046
<INTEREST-INVEST>                                  459
<INTEREST-OTHER>                                  2592<F3>
<INTEREST-TOTAL>                                  6508
<INTEREST-DEPOSIT>                                1355
<INTEREST-EXPENSE>                                5451
<INTEREST-INCOME-NET>                             1057
<LOAN-LOSSES>                                        5
<SECURITIES-GAINS>                                  75
<EXPENSE-OTHER>                                   4038
<INCOME-PRETAX>                                   1131
<INCOME-PRE-EXTRAORDINARY>                        1131
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       766
<EPS-PRIMARY>                                     7.12
<EPS-DILUTED>                                     6.76
<YIELD-ACTUAL>                                    1.13
<LOANS-NON>                                        452
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                    37
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                   992
<CHARGE-OFFS>                                       89
<RECOVERIES>                                        65
<ALLOWANCE-CLOSE>                                  973<F4>
<ALLOWANCE-DOMESTIC>                               161
<ALLOWANCE-FOREIGN>                                144
<ALLOWANCE-UNALLOCATED>                            468
<FN>
<F1>Short-term borrowings include the following:
Securities loaned and securities sold under
 repurchase agreements                           23454
Other short-term borrowings                      19409
    Total                                        42863
<F2>Other liabilities include the following:
Accounts payable and accrued expenses             4792
Other liabilities                                 2049
Acceptances outstanding                            597
    Total                                         7438
<F3>Other interest income includes the following:
Interest-bearing deposits with banks               214
Federal funds sold                                 119
Securities purchased under resale agreements      1313
Securities borrowed                                825
Customer receivables                               121
    Total                                         2592
<F4>The Corporation has allocated its total allowance for credit losses
as follows: 773 as a reduction of loans, 190 as a reduction of trading assets
and 10 as other liabilities related to all other credit-related items.
</FN>
        

</TABLE>