DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Jun. 30, 2011

DERIVATIVE FINANCIAL INSTRUMENTS [Abstract]

Notional and fair value amounts of asset and liability derivatives, by balance sheet location

See the table below for the notional and fair value amounts of both the asset and liability derivatives.

	Asset Derivatives
	June 30, 2011					September 30, 2010
	Balance Sheet Location	Notional Amount		Fair Value (1)		Balance Sheet Location	Notional Amount		Fair Value (1)
	(in thousands)
Derivatives not designated as hedging instruments:
Interest rate contracts	Trading instruments	$	1,880,872	$	84,171	Trading instruments	$	1,130,767	$	102,490
	Other assets		500,000		-	Other assets		1,500,000		-

(1)   The fair value in this table is presented on a gross basis before netting of cash collateral and by counterparty according to our legally enforceable master netting arrangements. The fair value in the Condensed Consolidated Statements of Financial Condition is presented net.

	Liability Derivatives
	June 30, 2011					September 30, 2010
	Balance Sheet Location	Notional Amount		Fair Value (1)		Balance Sheet Location	Notional Amount		Fair Value (1)
	(in thousands)
Derivatives not designated as hedging instruments:
Interest rate contracts	Trading instruments sold	$	1,444,967	$	65,292	Trading instruments sold	$	1,172,927	$	86,039
Loan commitments	Trade and other payables		5,320		14	Trade and other payables		15,523		105

(1)   The fair value in this table is presented on a gross basis before netting of cash collateral and by counterparty according to our legally enforceable master netting arrangements. The fair value in the Condensed Consolidated Statements of Financial Condition is presented net.

Amount of gain (loss) on derivatives recognized in income

See the table below for the impact of the derivatives not designated as hedging instruments on the Condensed Consolidated Statements of Income.

		Amount of gain (loss) on derivatives recognized in income
	Location of gain (loss) recognized on derivatives in the Condensed Consolidated Statements of Income	Three months ended June 30,						Nine months ended June 30,
		2011			2010			2011		2010
	(in thousands)
Derivatives not designated as hedging instruments:
Interest rate contracts	Net trading profits	$	(339	)	$	(3,419	)	$	3,836	$	(1,774	)
	Other revenues		-			1			-		(286	)
Forward sale contracts	Other revenues		-			25			-		(222	)
Loan commitments	Other expenses		1			2			91		33