EXHIBIT 12

Computation of Ratio of Earnings to Fixed Charges

Year Ended December 31 (Dollars in Millions)	2004		2003		2002		2001		2000
Earnings
1. Income from continuing operations	$	4,166.8	$	3,710.1	$	3,228.0	$	1,524.0	$	2,724.5
2. Applicable income taxes		2,009.6		1,941.3		1,707.5		818.3		1,422.0
3. Income from continuing operations before income taxes (1 + 2)	$	6,176.4	$	5,651.4	$	4,935.5	$	2,342.3	$	4,146.5
4. Fixed charges:
a. Interest expense excluding interest on deposits	$	1,170.9	$	972.1	$	1,194.3	$	1,767.6	$	2,275.9
b. Portion of rents representative of interest		68.6		74.4		78.2		89.0		86.7
c. Fixed charges excluding interest on deposits (4a + 4b)		1,239.5		1,046.5		1,272.5		1,856.6		2,362.6
d. Interest on deposits		904.3		1,096.6		1,485.3		2,828.1		3,618.8
e. Fixed charges including interest on deposits (4c + 4d)	$	2,143.8	$	2,143.1	$	2,757.8	$	4,684.7	$	5,981.4
5. Amortization of interest capitalized	$	—	$	—	$	—	$	—	$	—
6. Earnings excluding interest on deposits (3 + 4c + 5)		7,415.9		6,697.9		6,208.0		4,198.9		6,509.1
7. Earnings including interest on deposits (3 + 4e + 5)		8,320.2		7,794.5		7,693.3		7,027.0		10,127.9
8. Fixed charges excluding interest on deposits (4c)		1,239.5		1,046.5		1,272.5		1,856.6		2,362.6
9. Fixed charges including interest on deposits (4e)		2,143.8		2,143.1		2,757.8		4,684.7		5,981.4
Ratio of Earnings to Fixed Charges
10. Excluding interest on deposits (line 6/line 8)		5.98		6.40		4.88		2.26		2.76
11. Including interest on deposits (line 7/line 9)		3.88		3.64		2.79		1.50		1.69