Exhibit 12

Ratio of Earnings to Fixed Charges

(Unaudited and Restated)

	Twelve Months Ended December 31,
(in thousands of dollars)	2003			2002			2001			2000			1999
Earnings:
Income before taxes	$	523,987		$	522,705		$	95,477		$	448,454		$	602,325
Add: Fixed charges, excluding interest on deposits		179,903			169,788			299,872			398,214			356,563
Earnings available for fixed charges, excluding interest on deposits		703,890			692,493			395,349			846,668			958,888
Add: Interest on deposits		288,271			385,733			654,056			782,076			639,605
Earnings available for fixed charges, including interest on deposits	$	992,161		$	1,078,226		$	1,049,405		$	1,628,744		$	1,598,493
Fixed Charges:
Interest expense, excluding interest on deposits	$	168,499		$	157,888		$	285,445		$	383,997		$	344,635
Interest factor in net rental expense		11,404			11,900			14,427			14,217			11,928
Total fixed charges, excluding interest on deposits		179,903			169,788			299,872			398,214			356,563
Add: Interest on deposits		288,271			385,733			654,056			782,076			639,605
Total fixed charges, including interest on deposits	$	468,174		$	555,521		$	953,928		$	1,180,290		$	996,168
Ratio of Earnings to Fixed Charges
Excluding interest on deposits		3.91	x		4.08	x		1.32	x		2.13	x		2.69	x
Including interest on deposits		2.12	x		1.94	x		1.10	x		1.38	x		1.60	x