<TABLE> <S> <C>


<ARTICLE>                     9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE BANKERS TRUST NEW
YORK CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENT OF CONDITION AT
DECEMBER 31, 1997 AND THE CONSOLIDATED STATEMENT OF INCOME FOR THE YEAR ENDED
ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                   1,000,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   DEC-31-1997
<CASH>                                           2,188
<INT-BEARING-DEPOSITS>                           4,272
<FED-FUNDS-SOLD>                                 1,382
<TRADING-ASSETS>                                56,572
<INVESTMENTS-HELD-FOR-SALE>                      8,081
<INVESTMENTS-CARRYING>                               0
<INVESTMENTS-MARKET>                                 0
<LOANS>                                         19,805
<ALLOWANCE>                                        699
<TOTAL-ASSETS>                                 140,102
<DEPOSITS>                                      42,830
<SHORT-TERM>                                    37,473<F1>
<LIABILITIES-OTHER>                             10,786<F2>
<LONG-TERM>                                     16,059
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                        658
<COMMON>                                           105
<OTHER-SE>                                       4,945
<TOTAL-LIABILITIES-AND-EQUITY>                 140,102
<INTEREST-LOAN>                                  1,437
<INTEREST-INVEST>                                  468
<INTEREST-OTHER>                                 2,792<F3>
<INTEREST-TOTAL>                                 7,285
<INTEREST-DEPOSIT>                               2,076
<INTEREST-EXPENSE>                               5,926
<INTEREST-INCOME-NET>                            1,359
<LOAN-LOSSES>                                       30
<SECURITIES-GAINS>                                 158
<EXPENSE-OTHER>                                  4,981
<INCOME-PRETAX>                                  1,239
<INCOME-PRE-EXTRAORDINARY>                       1,239
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       866
<EPS-PRIMARY>                                     8.15
<EPS-DILUTED>                                     7.66
<YIELD-ACTUAL>                                    1.33
<LOANS-NON>                                        240
<LOANS-PAST>                                         0
<LOANS-TROUBLED>                                    25
<LOANS-PROBLEM>                                      0
<ALLOWANCE-OPEN>                                   973
<CHARGE-OFFS>                                      107
<RECOVERIES>                                        84
<ALLOWANCE-CLOSE>                                  997<F4>
<ALLOWANCE-DOMESTIC>                               105
<ALLOWANCE-FOREIGN>                                221
<ALLOWANCE-UNALLOCATED>                            373

<FN>
<F1> Short-term borrowings include the following:
Securities loaned and securities sold under 
repurchase agreements                           17,896
Other short-term borrowings                     19,577
  Total                                         37,473
<F2> Other liabilities include the following:
Accounts payable and accrued expenses            6,536
Other liabilities                                3,617
Acceptances Outstanding                            633
  Total                                         10,786
<F3> Other interest income includes the
following:
Interest-bearing deposits with banks               395
Federal funds sold                                 266
Securities purchased under resale agreements     1,352
Securities borrowed                                746
Customer receivables                               133
  Total                                          2,892

<F4>The Corporation has allocated its total allowance for credit losses as
follows: 699 as a reduction of loans, 285 as a reduction of trading assets and
13 as other liabilities related to all other credit-related items.
</FN>
        


</TABLE>